REAL Income SFR Rental Property Sold by the Alabama/Chattanooga Property Team for $216k

chat 216k

Property Type:

REAL Income Property™
Purchase Price: $216,000
Gross Rent: $1,575
Cap Rate (year 1): 7.4
Cash Flow (year 1): $5,040
3
1
1,317 SQ. FT
Loan type? 75% LTV 30-year @ 5.500% with 0 Pts
?Purchase Price:$216,000
Down payment:$54,000
?Purchase cost:$6,480
?Total cash invested:$60,480
?Estimated cash flow (year 1)
?Gross rent:$1,575
?Principal & interest:$920
Taxes:$100
HOA:n/a
Insurance:$56
Property management:$79
Total monthly cost:$1,155
?Monthly cashflow (year 1):$420
?annual cashflow:$5,040

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$5,040$6,365$8,177$17,514
?Total equity:$62,662$100,617$156,570$524,289
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%8%9%13%
?Cash on Cash Return:8%11%14%29%
?Return on Equity:8%6%5%3%
?Internal Rate of Return (IRR):-10%15%16%14%
?Return on Investment:-10%89%239%1,246%

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