New Construction SFR Property Sold by the Birmingham Property Team for $265k

New Construction SFR Property sold by the Birmingham Property Team for 265K.

Property Type:

New Construction
Purchase Price: $265,000
Gross Rent: $1,850
Cap Rate (year 1): 6.0
Cash Flow (year 1): $2,461
3
2
1,549 SQ. FT
Loan type? 75% LTV 30-year @ 5.375% with 0 Pts
?Purchase Price:$265,000
Down payment:$66,250
?Purchase cost:$7,950
?Total cash invested:$74,200
?Estimated cash flow (year 1)
?Gross rent:$1,850
?Principal & interest:$1,113
Taxes:$267
HOA:n/a
Insurance:$117
Property management:$148
Total monthly cost:$1,645
?Monthly cashflow (year 1):$205
?annual cashflow:$2,461

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$2,461$3,765$5,547$14,732
?Total equity:$76,939$123,749$192,673$643,225
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%7%7%11%
?Cash on Cash Return:3%5%8%20%
?Return on Equity:3%3%3%2%
?Internal Rate of Return (IRR):-15%11%12%11%
?Return on Investment:-15%63%184%1,040%

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.

• Members-only investor education.

Close the CTA
RealWealth logo

• And so much more.

Scroll to Top