Home » Properties » Single Family Rental Property Sold by the Cincinnati, OH Property Team for $105k

Single Family Rental Property Sold by the Cincinnati, OH Property Team for $105k

Single Family Property Rental Property sold by the Cincinnati Property Team for $105K.

Property Type:

Rental Resales
Purchase Price: $105,500
Gross Rent: $1,050
Cap Rate (year 1): 8.3
Cash Flow (year 1): $2,938
3
1
1,042 SQ. FT
Loan type? 75% LTV 30-year @ 6.250% with 2 Pts
?Purchase Price:$105,500
Down payment:$26,375
?Purchase cost:$4,748
?Total cash invested:$31,123
?Estimated cash flow (year 1)
?Gross rent:$1,050
?Principal & interest:$487
Taxes:$191
HOA:n/a
Insurance:$43
Property management:$84
Total monthly cost:$805
?Monthly cashflow (year 1):$245
?annual cashflow:$2,938

Buy & Hold Projections

?Appreciation:
3%
?Income Increase:
2%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$2,938$3,662$4,651$9,754
?Total equity:$30,467$48,450$75,130$256,076
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%9%10%15%
?Cash on Cash Return:9%12%15%31%
?Return on Equity:10%8%6%4%
?Internal Rate of Return (IRR):-14%15%17%15%
?Return on Investment:-14%85%235%1,255%

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