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Single Family Rental Property Sold by the Alabama Property Team for $163k

Single Family Rental Sold by the Alabama Property Team for $163k

?Property Type:

REAL Income Property™
Purchase Price: $163,500
Gross Rent: $1,195
Cap Rate (year 1): 7.2
Cash Flow (year 1): $2,847
3
1
1,320 SQ. FT
Loan type? 80% LTV 30-year @ 5.500% with 0 Pts
?Purchase Price:$163,500
Down payment:$32,700
?Purchase cost:$4,905
?Total cash invested:$37,605
?Estimated cash flow (year 1)
?Gross rent:$1,195
?Principal & interest:$743
Taxes:$34
HOA:n/a
Insurance:$73
Property management:$108
Total monthly cost:$958
?Monthly cashflow (year 1):$237
?annual cashflow:$2,847

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$2,847$3,817$5,143$11,971
?Total equity:$39,367$68,603$111,766$396,857
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%8%9%13%
?Cash on Cash Return:8%10%14%32%
?Return on Equity:7%6%5%3%
?Internal Rate of Return (IRR):-15%16%17%14%
?Return on Investment:-15%96%268%1,450%

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