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Single Family Rental Property Sold by the Alabama Property Team for $199k

Single Family Rental Sold by the Alabama Property Team for $199k

?Property Type:

REAL Income Property™
Purchase Price: $199,000
Gross Rent: $1,550
Cap Rate (year 1): 7.5
Cash Flow (year 1): $3,979
4
2
1,525 SQ. FT
Loan type? 80% LTV 30-year @ 5.500% with 0 Pts
?Purchase Price:$199,000
Down payment:$39,800
?Purchase cost:$5,970
?Total cash invested:$45,770
?Estimated cash flow (year 1)
?Gross rent:$1,550
?Principal & interest:$904
Taxes:$105
HOA:n/a
Insurance:$70
Property management:$140
Total monthly cost:$1,218
?Monthly cashflow (year 1):$332
?annual cashflow:$3,979

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$3,979$5,201$6,871$15,482
?Total equity:$47,915$83,499$136,034$483,025
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%8%9%13%
?Cash on Cash Return:9%11%15%34%
?Return on Equity:8%6%5%3%
?Internal Rate of Return (IRR):-14%17%18%15%
?Return on Investment:-14%102%280%1,495%

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