Single Family Rental Property Sold by the Columbus, GA Property Team for $149k

Property Type:
Single Family Rental
Purchase Price: $149,000
Gross Rent: $1,200
Cap Rate (year 1): 8.7
Cash Flow (year 1): $4,023
Loan type | 75% LTV 30-year @ 6.950% with 2 Pts |
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Purchase Price: | $149,000 |
Down payment: | $37,250 |
Purchase cost: | $3,725 |
Total cash invested: | $40,975 |
Estimated cash flow (year 1) | |
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Gross rent: | $1,200 |
Principal & interest: | $740 |
Taxes: | $75 |
HOA: | n/a |
Insurance: | $49 |
Property management: | n/a |
Total monthly cost: | $865 |
Monthly cashflow (year 1): | $335 |
annual cashflow: | $4,023 |