Single Family Rental Property Sold by the Columbus, GA Property Team for $169K
Property Type:
Single Family Rental
Purchase Price: $169,000
Gross Rent: $1,450
Cap Rate (year 1): 9.0
Cash Flow (year 1): $5,542
| Loan type | 75% LTV 30-year @ 6.500% with 2 Pts |
|---|---|
| Purchase Price: | $169,000 |
| Down payment: | $42,250 |
| Purchase cost: | $4,225 |
| Total cash invested: | $46,475 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,450 |
| Principal & interest: | $801 |
| Taxes: | $97 |
| HOA: | n/a |
| Insurance: | $90 |
| Property management: | n/a |
| Total monthly cost: | $988 |
| Monthly cashflow (year 1): | $462 |
| annual cashflow: | $5,542 |
