Single Family Rental Property Sold by the Cincinnati, OH Property Team for $107k

Single family rental sold by the Cincinnati Team for 107K.

Property Type:

Rental Resales
Purchase Price: $107,500
Gross Rent: $1,075
Cap Rate (year 1): 8.5
Cash Flow (year 1): $3,271
3
1
1,592 SQ. FT
Loan type? 75% LTV 30-year @ 6.125% with 2 Pts
?Purchase Price:$107,500
Down payment:$26,875
?Purchase cost:$4,838
?Total cash invested:$31,713
?Estimated cash flow (year 1)
?Gross rent:$1,075
?Principal & interest:$490
Taxes:$202
HOA:n/a
Insurance:$46
Property management:$65
Total monthly cost:$803
?Monthly cashflow (year 1):$272
?annual cashflow:$3,271

Buy & Hold Projections

?Appreciation:
3%
?Income Increase:
2%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$3,271$4,024$5,056$10,369
?Total equity:$31,067$49,482$76,775$260,931
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%9%10%15%
?Cash on Cash Return:10%13%16%33%
?Return on Equity:11%8%7%4%
?Internal Rate of Return (IRR):-13%16%17%16%
?Return on Investment:-13%90%245%1,288%

Protected content

You need to be logged in to view this content. Please choose from the options below to view the entire Proforma.

Join RealWealth for Free Access to:

• Vetted off-market turnkey rental properties.

• Complimentary strategy sessions.

• Investor-only investor education.

Close the CTA
RealWealth logo

• And so much more.

Scroll to Top