Single Family Rental Property Sold by the Indianapolis Property Team for $159k
Property Type:
REAL Income Property™
Purchase Price: $159,900
Gross Rent: $1,335
Cap Rate (year 1): 8.8
Cash Flow (year 1): $5,520
| Loan type | 75% LTV 30-year @ 6.000% with 2 Pts |
|---|---|
| Purchase Price: | $159,900 |
| Down payment: | $39,975 |
| Purchase cost: | $5,196 |
| Total cash invested: | $45,171 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,335 |
| Principal & interest: | $719 |
| Taxes: | $96 |
| HOA: | n/a |
| Insurance: | $60 |
| Property management: | n/a |
| Total monthly cost: | $875 |
| Monthly cashflow (year 1): | $460 |
| annual cashflow: | $5,520 |
