Home » Properties » Single Family Rental Property Sold by the Cincinnati, OH Property Team for $118k

Single Family Rental Property Sold by the Cincinnati, OH Property Team for $118k

Single Family Property Rental Property sold by the Cincinnati Property Team for $118K.

Property Type:

Rental Resales
Purchase Price: $118,900
Gross Rent: $1,120
Cap Rate (year 1): 8.1
Cash Flow (year 1): $3,069
3
1
1,058 SQ. FT
Loan type? 75% LTV 30-year @ 6.250% with 2 Pts
?Purchase Price:$118,900
Down payment:$29,725
?Purchase cost:$5,351
?Total cash invested:$35,076
?Estimated cash flow (year 1)
?Gross rent:$1,120
?Principal & interest:$549
Taxes:$198
HOA:n/a
Insurance:$50
Property management:$67
Total monthly cost:$864
?Monthly cashflow (year 1):$256
?annual cashflow:$3,069

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$3,069$3,865$4,952$10,561
?Total equity:$34,337$54,605$84,673$288,602
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%9%10%14%
?Cash on Cash Return:9%11%14%30%
?Return on Equity:9%7%6%4%
?Internal Rate of Return (IRR):-14%15%16%14%
?Return on Investment:-14%82%228%1,227%

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