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Property details
Beds4
Baths2.5
Square feet1,915
Year built1966
Property typeSingle Family
CountyHamilton County
Proforma Turnkey End Buyer
Cash on Cash10.77%
Cap Rate8.06%
IRR25.52%
DSCR1.50x
ARV$300,000
Equity$15,000
Purchase & Financing
| Purchase price | $285,000 |
| Closing costs | $2,850 |
| Down payment (25%) | $71,250 |
| Loan amount | $213,750 |
| Loan points | $4,275 |
| Interest rate | 6.20% |
| Loan term | 30 years |
| Total out of pocket | $72,675 |
Income & Expenses
| Monthly | Annual | |
|---|---|---|
| Gross rent | $2,325 | $27,900 |
| Vacancy | ($47) | ($558) |
| Property taxes | ($157) | ($1,885) |
| Insurance | ($92) | ($1,100) |
| Maintenance | ($68) | ($820) |
| Net operating income | $1,961 | $23,537 |
| Mortgage (P&I) | ($1,309) | ($15,710) |
| Net cash flow | $652 | $7,827 |
View full proforma & projections
Projections are based on current rent, taxes, insurance and financing assumptions and are estimates only. Verify all figures independently before investing.
About this property
Very nice property! Rehabbed and rented! 24 month lease!
Lease Term – 4/3/26 – 3/31/27
2% SELLER CONCESSIONS TOWARDS BUYERS CLOSING COSTS!
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is 6%.