Single Family Rental Property Sold by the Cincinnati, OH Property Team for $124k
Property Type:
Rental Resales
Purchase Price: $124,900
Gross Rent: $1,195
Cap Rate (year 1): 8.2
Cash Flow (year 1): $3,062
| Loan type | 75% LTV 30-year @ 6.600% with 2 Pts |
|---|---|
| Purchase Price: | $124,900 |
| Down payment: | $31,225 |
| Purchase cost: | $5,621 |
| Total cash invested: | $36,846 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,195 |
| Principal & interest: | $598 |
| Taxes: | $193 |
| HOA: | n/a |
| Insurance: | $53 |
| Property management: | $96 |
| Total monthly cost: | $940 |
| Monthly cashflow (year 1): | $255 |
| annual cashflow: | $3,062 |
