New Construction Single Rental Property Sold by the Dallas Property Team for $194k

New Construction single family rental sold by the Dallas / Fort Worth team for 194K

Property Type:

New Construction
Purchase Price: $194,490
Gross Rent: $1,750
Estimated Cap Rate (year 1): 9.2
Estimated Cash Flow (year 1): $7,826
3
2
1,197 SQ. FT
Loan type? 75% LTV 30-year @ 5.625% with 0 Pts
?Purchase Price:$194,490
Down payment:$48,623
?Purchase cost:$5,835
?Total cash invested:$54,458
?Estimated cash flow (year 1)
?Gross rent:$1,750
?Principal & interest:$840
Taxes:$98
HOA:$60
Insurance:$100
Property management:$0
Total monthly cost:$1,098
?Monthly cashflow (year 1):$652
?annual cashflow:$7,826

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:$7,826$5,922$10,551$42,038
?Total equity:$62,212$125,180$227,477$1,117,052
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%8%11%27%
?Cash on Cash Return:14%11%19%77%
?Return on Equity:13%5%5%4%
?Internal Rate of Return (IRR):6%23%22%18%
?Return on Investment:6%150%408%2,874%

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