Single Family Rental Property Sold by the Alabama Property Team for $150k
Property Type:
REAL Income Property™
Purchase Price: $150,100
Gross Rent: $1,100
Cap Rate (year 1): 7.5
Cash Flow (year 1): $3,612
| Loan type | 75% LTV 30-year @ 5.500% with 0 Pts |
|---|---|
| Purchase Price: | $150,100 |
| Down payment: | $37,525 |
| Purchase cost: | $4,503 |
| Total cash invested: | $42,028 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,100 |
| Principal & interest: | $639 |
| Taxes: | $43 |
| HOA: | n/a |
| Insurance: | $62 |
| Property management: | $55 |
| Total monthly cost: | $799 |
| Monthly cashflow (year 1): | $301 |
| annual cashflow: | $3,612 |
