Single Family Rental Property Sold by the Indianapolis Property Team for $169k
Property Type:
Single Family Rental
Purchase Price: $169,900
Gross Rent: $1,350
Cap Rate (year 1): 8.1
Cash Flow (year 1): $3,774
| Loan type | 75% LTV 30-year @ 6.750% with 2 Pts |
|---|---|
| Purchase Price: | $169,900 |
| Down payment: | $42,475 |
| Purchase cost: | $4,248 |
| Total cash invested: | $46,723 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,350 |
| Principal & interest: | $826 |
| Taxes: | $149 |
| HOA: | n/a |
| Insurance: | $60 |
| Property management: | $0 |
| Total monthly cost: | $1,035 |
| Monthly cashflow (year 1): | $315 |
| annual cashflow: | $3,774 |
