Single Family Rental Property Sold by the Cincinnati, OH Property Team for $110k

Single Family Rental sold by the Cincinnati property team for 110K.

Property Type:

Rental Resales
Purchase Price: $110,900
Gross Rent: $1,125
Cap Rate (year 1): 8.4
Cash Flow (year 1): $3,283
3
2
1,516 SQ. FT
Loan type? 75% LTV 30-year @ 6.125% with 2 Pts
?Purchase Price:$110,900
Down payment:$27,725
?Purchase cost:$4,991
?Total cash invested:$32,716
?Estimated cash flow (year 1)
?Gross rent:$1,125
?Principal & interest:$505
Taxes:$209
HOA:n/a
Insurance:$47
Property management:$90
Total monthly cost:$851
?Monthly cashflow (year 1):$274
?annual cashflow:$3,283

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$3,283$4,054$5,107$10,535
?Total equity:$32,050$51,046$79,203$269,183
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%9%10%15%
?Cash on Cash Return:10%12%16%32%
?Return on Equity:10%8%6%4%
?Internal Rate of Return (IRR):-13%16%17%15%
?Return on Investment:-13%89%242%1,276%

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