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Single Family Rental Property Sold by the Indianapolis Property Team for $159k

Single Family Rental Property sold by the Indianapolis Property Team for $159K.

Property Type:

REAL Income Property™
Purchase Price: $159,900
Gross Rent: $1,325
Cap Rate (year 1): 8.6
Cash Flow (year 1): $6,035
3
1
912 SQ. FT
Loan type? 75% LTV 30-year @ 4.990% with 0 Pts
?Purchase Price:$159,900
Down payment:$39,975
?Purchase cost:$4,797
?Total cash invested:$44,772
?Estimated cash flow (year 1)
?Gross rent:$1,325
?Principal & interest:$643
Taxes:$119
HOA:n/a
Insurance:$60
Property management:$0
Total monthly cost:$822
?Monthly cashflow (year 1):$503
?annual cashflow:$6,035

Buy & Hold Projections

?Appreciation:
3%
?Income Increase:
2%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$6,035$5,448$6,818$13,880
?Total equity:$46,545$75,258$117,372$388,119
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%8%9%14%
?Cash on Cash Return:14%12%15%31%
?Return on Equity:13%7%6%4%
?Internal Rate of Return (IRR):-5%18%18%16%
?Return on Investment:-5%102%262%1,303%

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