Single Family Rental Property Sold by the Columbus, GA Property Team for $149K

Single family rental property sold by the Columbus property team for 149k

Property Type:

REAL Income Property™
Purchase Price: $14,900
Gross Rent: $1,300
Estimated Cap Rate (year 1): 8.9
Estimated Cash Flow (year 1): $4,359
3
1
1,109 SQ. FT
Loan type? 75% LTV 30-year @ 6.990% with 2 Pts
?Purchase Price:$14,900
Down payment:$37,250
?Purchase cost:$3,725
?Total cash invested:$40,975
?Estimated cash flow (year 1)
?Gross rent:$1,300
?Principal & interest:$743
Taxes:$98
HOA:n/a
Insurance:$96
Property management:n/a
Total monthly cost:$937
?Monthly cashflow (year 1):$363
?annual cashflow:$4,359

Buy & Hold Projections

All figures are estimates and are not guaranteed.

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$4,359$3,933$5,270$12,163
?Total equity:$42,857$67,551$104,371$361,662
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%9%10%14%
?Cash on Cash Return:11%10%13%30%
?Return on Equity:10%6%5%3%
?Internal Rate of Return (IRR):-7%16%16%14%
?Return on Investment:-7%88%232%1,259%

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