Single Family Rental Property Sold by the Cincinnati, OH Property Team for $130k
Property Type:
Rental Resales
Purchase Price: $130,500
Gross Rent: $1,195
Cap Rate (year 1): 8.4
Cash Flow (year 1): $3,858
| Loan type | 75% LTV 30-year @ 6.000% with 2 Pts |
|---|---|
| Purchase Price: | $130,500 |
| Down payment: | $32,625 |
| Purchase cost: | $5,873 |
| Total cash invested: | $38,498 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,195 |
| Principal & interest: | $587 |
| Taxes: | $163 |
| HOA: | n/a |
| Insurance: | $52 |
| Property management: | $72 |
| Total monthly cost: | $874 |
| Monthly cashflow (year 1): | $321 |
| annual cashflow: | $3,858 |
