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Single Family Rental Property Sold by the Alabama Property Team for $164k

Single Family Rental Sold by the Alabama Property Team for $164k

Property Type:

REAL Income Property™
Purchase Price: $164,000
Gross Rent: $1,275
Cap Rate (year 1): 8.3
Cash Flow (year 1): $4,647
3
2
1,200 SQ. FT
Loan type? 75% LTV 30-year @ 5.500% with 0 Pts
?Purchase Price:$164,000
Down payment:$32,800
?Purchase cost:$4,920
?Total cash invested:$37,720
?Estimated cash flow (year 1)
?Gross rent:$1,275
?Principal & interest:$745
Taxes:$63
HOA:n/a
Insurance:$80
Property management:$0
Total monthly cost:$888
?Monthly cashflow (year 1):$387
?annual cashflow:$4,647

Buy & Hold Projections

?Appreciation:
3%
?Income Increase:
2%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$4,647$4,939$6,384$13,829
?Total equity:$39,487$68,813$112,108$398,071
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%9%9%14%
?Cash on Cash Return:12%13%17%37%
?Return on Equity:12%7%6%4%
?Internal Rate of Return (IRR):-10%19%19%17%
?Return on Investment:-10%113%299%1,562%

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