Single Family Rental Property Sold by the Dallas Property Team for $202k

New Construction Single family rental sold by the Dallas / North Texas team for 202K

Property Type:

New Construction
Purchase Price: $202,999
Gross Rent: $1,750
Cap Rate (year 1): 7.9
Cash Flow (year 1): $6,314
3
2
1,402 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.990% with 0 Pts
?Purchase Price:$202,999
Down payment:$50,750
?Purchase cost:$4,060
?Total cash invested:$54,810
?Estimated cash flow (year 1)
?Gross rent:$1,750
?Principal & interest:$816
Taxes:$247
HOA:$60
Insurance:$100
Property management:$0
Total monthly cost:$1,223
?Monthly cashflow (year 1):$527
?annual cashflow:$6,314

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$6,314$6,410$10,837$41,285
?Total equity:$65,180$131,870$239,735$1,165,923
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%8%10%25%
?Cash on Cash Return:12%12%20%75%
?Return on Equity:10%5%5%4%
?Internal Rate of Return (IRR):7%24%22%18%
?Return on Investment:7%161%430%2,935%

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