Single Family Rental Property Sold by the Indianapolis Property Team for $169k

Property Type:
REAL Income Property™
Purchase Price: $169,900
Gross Rent: $1,350
Cap Rate (year 1): 8.3
Cash Flow (year 1): $4,884
Loan type | 75% LTV 30-year @ 6.000% with 2 Pts |
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Purchase Price: | $169,900 |
Down payment: | $42,475 |
Purchase cost: | $5,646 |
Total cash invested: | $48,121 |
Estimated cash flow (year 1) | |
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Gross rent: | $1,350 |
Principal & interest: | $764 |
Taxes: | $119 |
HOA: | n/a |
Insurance: | $60 |
Property management: | n/a |
Total monthly cost: | $943 |
Monthly cashflow (year 1): | $407 |
annual cashflow: | $4,884 |