New Construction Single Family Rental Property Sold by the Dallas Property Team for $161k

New Construction Single Family Rental sold by the Dallas/North Texas Property Team for 161K.

Property Type:

New Construction
Purchase Price: $161,999
Gross Rent: $1,500
Estimated Cap Rate (year 1): 8.4
Estimated Cash Flow (year 1): $4,257
3
2
1,192 SQ. FT
Loan type? 75% LTV 30-year @ 6.625% with 2 Pts
?Purchase Price:$161,999
Down payment:$40,500
?Purchase cost:$7,290
?Total cash invested:$47,790
?Estimated cash flow (year 1)
?Gross rent:$1,500
?Principal & interest:$778
Taxes:$207
HOA:$60
Insurance:$100
Property management:$0
Total monthly cost:$1,145
?Monthly cashflow (year 1):$355
?annual cashflow:$4,257

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:$4,257$5,582$9,353$35,326
?Total equity:$51,546$102,892$186,793$930,440
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%9%12%28%
?Cash on Cash Return:9%12%20%74%
?Return on Equity:8%5%5%4%
?Internal Rate of Return (IRR):-5%21%21%18%
?Return on Investment:-5%136%383%2,748%

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