Single Family Rental Property Sold by the Cincinnati, OH Property Team for $111k

Single family rental property sold for 111K by the Cincinnati property team

Property Type:

Rental Resales
Purchase Price: $111,900
Gross Rent: $1,150
Estimated Cap Rate (year 1): 8.6
Estimated Cash Flow (year 1): $2,895
3
1.5
1,395 SQ. FT
Loan type? 75% LTV 30-year @ 6.990% with 2 Pts
?Purchase Price:$111,900
Down payment:$27,975
?Purchase cost:$5,036
?Total cash invested:$33,011
?Estimated cash flow (year 1)
?Gross rent:$1,150
?Principal & interest:$558
Taxes:$211
HOA:n/a
Insurance:$48
Property management:$92
Total monthly cost:$909
?Monthly cashflow (year 1):$241
?annual cashflow:$2,895

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:$2,895$4,559$5,033$7,480
?Total equity:$32,186$50,732$78,383$271,611
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%9%10%15%
?Cash on Cash Return:9%11%14%31%
?Return on Equity:9%7%6%4%
?Internal Rate of Return (IRR):-15%14%16%15%
?Return on Investment:-15%80%225%1,244%

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