Single Family Property Sold by the Columbus, GA Property Team for $235K

col 235k

Property Type:

REAL Income Property™
Purchase Price: $235,000
Gross Rent: $1,875
Cap Rate (year 1): 8.8
Cash Flow (year 1): $7,888
4
2
1,604 SQ. FT
Loan type? 75% LTV 30-year @ 6.000% with 2 Pts
?Purchase Price:$235,000
Down payment:$58,750
?Purchase cost:$5,875
?Total cash invested:$64,625
?Estimated cash flow (year 1)
?Gross rent:$1,875
?Principal & interest:$1,057
Taxes:$65
HOA:n/a
Insurance:$96
Property management:n/a
Total monthly cost:$1,218
?Monthly cashflow (year 1):$657
?annual cashflow:$7,888

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$7,888$7,392$9,481$20,250
?Total equity:$67,964$108,421$168,324$570,407
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%9%9%14%
?Cash on Cash Return:12%11%15%31%
?Return on Equity:12%7%6%4%
?Internal Rate of Return (IRR):-5%18%18%15%
?Return on Investment:-5%100%255%1,311%

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