Single Family Rental Property Sold by the Cincinnati, OH Property Team for $141k
Property Type:
Rental Resales
Purchase Price: $141,500
Gross Rent: $1,375
Cap Rate (year 1): 8.3
Cash Flow (year 1): $3,555
| Loan type | 75% LTV 30-year @ 6.600% with 2 Pts |
|---|---|
| Purchase Price: | $141,500 |
| Down payment: | $35,375 |
| Purchase cost: | $6,368 |
| Total cash invested: | $41,743 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,375 |
| Principal & interest: | $678 |
| Taxes: | $235 |
| HOA: | n/a |
| Insurance: | $56 |
| Property management: | $110 |
| Total monthly cost: | $1,079 |
| Monthly cashflow (year 1): | $296 |
| annual cashflow: | $3,555 |
