Home » Properties » Single Family Rental Property Sold by the Cincinnati, OH Property Team for $158k

Single Family Rental Property Sold by the Cincinnati, OH Property Team for $158k

Multi Family Property Rental Property sold by the Cincinnati Property Team for $158K.

Property Type:

Rental Resales
Purchase Price: $158,500
Gross Rent: $1,800
Cap Rate (year 1): 9.4
Cash Flow (year 1): $6,097
3
2
2,136 SQ. FT
Loan type? 75% LTV 30-year @ 6.250% with 2 Pts
?Purchase Price:$158,500
Down payment:$39,625
?Purchase cost:$7,133
?Total cash invested:$46,758
?Estimated cash flow (year 1)
?Gross rent:$1,800
?Principal & interest:$732
Taxes:$395
HOA:n/a
Insurance:$75
Property management:$90
Total monthly cost:$1,292
?Monthly cashflow (year 1):$508
?annual cashflow:$6,097

Buy & Hold Projections

?Appreciation:
3%
?Income Increase:
2%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$6,097$7,324$8,999$17,641
?Total equity:$45,773$72,790$112,873$384,721
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%10%11%17%
?Cash on Cash Return:13%16%19%38%
?Return on Equity:13%10%8%5%
?Internal Rate of Return (IRR):-10%19%20%18%
?Return on Investment:-10%104%275%1,401%

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