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Single Family Rental Property Sold by the Alabama Property Team for $171k

REAL Income SFR Property sold by the Alabama Property Team for 171K.

Property Type:

REAL Income Property™
Purchase Price: $171,000
Gross Rent: $1,275
Cap Rate (year 1): 7.7
Cash Flow (year 1): $4,348
3
2
1,173 SQ. FT
Loan type? 75% LTV 30-year @ 5.500% with 0 Pts
?Purchase Price:$171,000
Down payment:$42,750
?Purchase cost:$5,130
?Total cash invested:$47,880
?Estimated cash flow (year 1)
?Gross rent:$1,275
?Principal & interest:$728
Taxes:$50
HOA:n/a
Insurance:$70
Property management:$64
Total monthly cost:$912
?Monthly cashflow (year 1):$363
?annual cashflow:$4,348

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$4,348$5,427$6,902$14,501
?Total equity:$49,608$79,655$123,951$415,062
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%8%9%14%
?Cash on Cash Return:9%11%14%30%
?Return on Equity:9%7%6%4%
?Internal Rate of Return (IRR):-9%16%17%15%
?Return on Investment:-9%93%247%1,276%

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