Single Family Rental Property Sold by the Dallas Property Team for $205k

New Construction Single family rental sold by the Dallas / North Texas team for 205K

Property Type:

New Construction
Purchase Price: $205,999
Gross Rent: $1,650
Cap Rate (year 1): 8.0
Cash Flow (year 1): $6,593
3
2
1,266 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.990% with 0 Pts
?Purchase Price:$205,999
Down payment:$51,500
?Purchase cost:$4,120
?Total cash invested:$55,620
?Estimated cash flow (year 1)
?Gross rent:$1,650
?Principal & interest:$828
Taxes:$84
HOA:$88
Insurance:$100
Property management:$0
Total monthly cost:$1,100
?Monthly cashflow (year 1):$550
?annual cashflow:$6,593

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$6,593$5,115$9,440$38,929
?Total equity:$66,144$133,819$243,278$1,183,153
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%7%9%24%
?Cash on Cash Return:12%9%17%70%
?Return on Equity:10%4%4%3%
?Internal Rate of Return (IRR):7%23%21%17%
?Return on Investment:7%152%407%2,834%

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