New Construction Duplex Rental Property Sold by the Dallas Property Team for $382k

dal mfr 382k

Property Type:

Duplex
Purchase Price: $382,888
Gross Rent: $3,100
Estimated Cap Rate (year 1): 8.9
Estimated Cash Flow (year 1): $11,353
6
4
2,372 SQ. FT
Loan type? 75% LTV 30-year @ 6.990% with 2 Pts
?Purchase Price:$382,888
Down payment:$95,722
?Purchase cost:$17,230
?Total cash invested:$112,952
?Estimated cash flow (year 1)
?Gross rent:$3,100
?Principal & interest:$1,909
Taxes:$65
HOA:n/a
Insurance:$180
Property management:$0
Total monthly cost:$2,154
?Monthly cashflow (year 1):$946
?annual cashflow:$11,353

Buy & Hold Projections

All figures are estimates and are not guaranteed.

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$11,353$8,886$17,512$75,714
?Total equity:$121,618$242,106$439,328$2,199,114
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%8%11%26%
?Cash on Cash Return:10%8%16%67%
?Return on Equity:9%4%4%3%
?Internal Rate of Return (IRR):-4%19%19%16%
?Return on Investment:-4%121%348%2,609%

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

Scroll to Top