Home » Properties » Single Family Rental Sold by Chattanooga Property Team for $227K

Single Family Rental Sold by Chattanooga Property Team for $227K

REAL Income SFR Rental Property sold by the Chattanooga Texas Property Team for $227K.

Property Type:

Single Family Rental
Purchase Price: $227,500
Gross Rent: $1,775
Cap Rate (year 1): 8.6
Cash Flow (year 1): $6,822
3
2
227,500 SQ. FT

Loan type? 75% LTV 30-year @ 6.375% with 2 Pts
?Purchase Price:$227,500
Down payment:$56,875
?Purchase cost:$6,825
?Total cash invested:$63,700
?Estimated cash flow (year 1)
?Gross rent:$1,775
?Principal & interest:$1,064
Taxes:$50
HOA:n/a
Insurance:$92
Property management:n/a
Total monthly cost:$1,206
?Monthly cashflow (year 1):$569
?annual cashflow:$6,822

Buy & Hold Projections

Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$6,822$7,238$9,445$20,824
?Total equity:$65,653$104,243$161,548$552,202
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%9%10%15%
?Cash on Cash Return:11%11%15%33%
?Return on Equity:10%7%6%4%
?Internal Rate of Return (IRR):-8%16%17%15%
?Return on Investment:-8%91%244%1,307%

Protected content

You need to be logged in to view this content. Please choose from the options below to view the entire Proforma.

Passive Wealth Showcase. April 25. Los Angeles.

Close the CTA

Join RealWealth for Free Access to:

• Vetted off-market turnkey rental properties.

• Complimentary strategy sessions.

• Members-only investor education.

Close the CTA
RealWealth logo

• And so much more.

Scroll to Top