Single Family Rental Property Sold by the Cincinnati, OH Property Team for $101k

Single family rental property sold by the Cincinnati property team for 101k

Property Type:

Rental Resales
Purchase Price: $101,900
Gross Rent: $1,025
Estimated Cap Rate (year 1): 8.6
Estimated Cash Flow (year 1): $2,623
2
1
974 SQ. FT
Loan type? 75% LTV 30-year @ 6.990% with 2 Pts
?Purchase Price:$101,900
Down payment:$25,475
?Purchase cost:$4,586
?Total cash invested:$30,061
?Estimated cash flow (year 1)
?Gross rent:$1,025
?Principal & interest:$508
Taxes:$193
HOA:n/a
Insurance:$44
Property management:$62
Total monthly cost:$806
?Monthly cashflow (year 1):$219
?annual cashflow:$2,623

Buy & Hold Projections

All figures are estimates and are not guaranteed.

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$2,623$3,075$4,030$8,950
?Total equity:$29,310$46,198$71,378$247,338
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%9%10%15%
?Cash on Cash Return:9%10%13%30%
?Return on Equity:9%7%6%4%
?Internal Rate of Return (IRR):-15%13%15%14%
?Return on Investment:-15%74%214%1,207%

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