Single Family Rental Property Sold by the Cincinnati, OH Property Team for $86k
Property Type:
Rental Resales
Purchase Price: $86,900
Gross Rent: $865
Cap Rate (year 1): 8.4
Cash Flow (year 1): $2,299
| Loan type | 75% LTV 30-year @ 6.600% with 2 Pts |
|---|---|
| Purchase Price: | $86,900 |
| Down payment: | $21,725 |
| Purchase cost: | $3,911 |
| Total cash invested: | $25,636 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $865 |
| Principal & interest: | $416 |
| Taxes: | $150 |
| HOA: | n/a |
| Insurance: | $38 |
| Property management: | $69 |
| Total monthly cost: | $673 |
| Monthly cashflow (year 1): | $192 |
| annual cashflow: | $2,299 |
