Single Family Property Sold by the Columbus, GA Property Team for $159K

col 159k

Property Type:

REAL Income Property™
Purchase Price: $159,000
Gross Rent: $1,300
Cap Rate (year 1): 8.6
Cash Flow (year 1): $5,088
3
1
1,060 SQ. FT
Loan type? 75% LTV 30-year @ 6.000% with 2 Pts
?Purchase Price:$159,000
Down payment:$39,750
?Purchase cost:$3,975
?Total cash invested:$43,725
?Estimated cash flow (year 1)
?Gross rent:$1,300
?Principal & interest:$715
Taxes:$65
HOA:n/a
Insurance:$96
Property management:n/a
Total monthly cost:$876
?Monthly cashflow (year 1):$424
?annual cashflow:$5,088

Buy & Hold Projections

?Appreciation:
3%
?Income Increase:
2%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$5,088$4,695$6,076$13,199
?Total equity:$45,984$73,358$113,888$385,935
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%8%9%14%
?Cash on Cash Return:12%11%14%30%
?Return on Equity:11%6%5%3%
?Internal Rate of Return (IRR):-6%17%17%15%
?Return on Investment:-6%97%249%1,285%

Protected content

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

Join RealWealth for Free Access to:

• Vetted off-market turnkey rental properties.

• Complimentary strategy sessions.

• Investor-only investor education.

Close the CTA
RealWealth logo

• And so much more.

Scroll to Top