Home » Properties » Single Family Property Sold by the Indianapolis, IN Property Team for $229K

Single Family Property Sold by the Indianapolis, IN Property Team for $229K

Property Type:

Single Family Rental
Purchase Price: $229,900
Gross Rent: $1,800
Cap Rate (year 1): 8.3
Cash Flow (year 1): $6,628
3
1
1,477 SQ. FT
Loan type? 75% LTV 30-year @ 5.990% with 0 Pts
?Purchase Price:$229,900
Down payment:$57,475
?Purchase cost:$6,897
?Total cash invested:$64,372
?Estimated cash flow (year 1)
?Gross rent:$1,800
?Principal & interest:$1,033
Taxes:$150
HOA:n/a
Insurance:$65
Property management:n/a
Total monthly cost:$1,248
?Monthly cashflow (year 1):$552
?annual cashflow:$6,628

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$6,628$5,859$7,758$17,548
?Total equity:$66,493$106,088$164,709$558,028
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%8%9%13%
?Cash on Cash Return:10%9%12%27%
?Return on Equity:10%6%5%3%
?Internal Rate of Return (IRR):-9%15%16%14%
?Return on Investment:-9%83%225%1,203%

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