Single Family Rental Property Sold by the Cincinnati, OH Property Team for $109k
Property Type:
Rental Resales
Purchase Price: $109,500
Gross Rent: $1,050
Cap Rate (year 1): 8.6
Cash Flow (year 1): $3,469
| Loan type | 75% LTV 30-year @ 6.000% with 2 Pts |
|---|---|
| Purchase Price: | $109,500 |
| Down payment: | $27,375 |
| Purchase cost: | $4,928 |
| Total cash invested: | $32,303 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,050 |
| Principal & interest: | $492 |
| Taxes: | $169 |
| HOA: | n/a |
| Insurance: | $47 |
| Property management: | $53 |
| Total monthly cost: | $761 |
| Monthly cashflow (year 1): | $289 |
| annual cashflow: | $3,469 |
