Single Family Rental Property Sold by the Dallas Property Team for $225k

New Construction Single family rental sold by the Dallas / North Texas team for 225K

Property Type:

New Construction
Purchase Price: $225,990
Gross Rent: $1,850
Cap Rate (year 1): 7.7
Cash Flow (year 1): $7,790
3
2
1,334 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 3.990% with 0 Pts
?Purchase Price:$225,990
Down payment:$56,498
?Purchase cost:$2,260
?Total cash invested:$58,758
?Estimated cash flow (year 1)
?Gross rent:$1,850
?Principal & interest:$808
Taxes:$239
HOA:$54
Insurance:$100
Property management:$0
Total monthly cost:$1,201
?Monthly cashflow (year 1):$649
?annual cashflow:$7,790

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$7,790$7,305$12,036$44,488
?Total equity:$73,047$149,149$271,227$1,297,972
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%8%10%24%
?Cash on Cash Return:13%12%21%76%
?Return on Equity:11%5%4%3%
?Internal Rate of Return (IRR):13%26%23%19%
?Return on Investment:13%178%461%3,032%

Protected content

You need to be logged in to view this content. Please choose from the options below to view the entire Proforma.

Start typing and press enter to search

Join RealWealth for Free Access to:

• Vetted off-market turnkey rental properties.

• Complimentary strategy sessions.

• Investor-only investor education.

Close the CTA
RealWealth logo

• And so much more.

Scroll to Top