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6.4% Appreciation Rate for Longmont
I want to share with you some information about a property in Longmont located at 35 Forsyth Dr. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.
In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.
| Years From Now | Value |
| Assumed Appreciation Rate: 6.4% | |
| At Purchase | $89,376 |
| Year 1 | $95,096 |
| Year 2 | $101,182 |
| Year 3 | $107,658 |
| Year 4 | $114,548 |
| Year 5 | $121,879 |
| Year 6 | $129,679 |
| Year 7 | $137,979 |
| Year 8 | $146,809 |
| Year 9 | $156,205 |
As you can see from the table above, if we assume an appreciation rate of 6.4% per year, then the property value eventually reaches $156,205 after 10 years.
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Until my next post,
James
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