New Construction Duplex Sold by the Jacksonville Property Team for $419k
Property Type:
New Construction
Purchase Price: $419,900
Gross Rent: $2,830
Cap Rate (year 1): 6.3
Cash Flow (year 1): $8,572
| Loan type | 75% LTV 30-year @ 3.750% with 3_95 Pts |
|---|---|
| Purchase Price: | $419,900 |
| Down payment: | $104,975 |
| Purchase cost: | $25,037 |
| Total cash invested: | $130,012 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $2,830 |
| Principal & interest: | $1,494 |
| Taxes: | $525 |
| HOA: | n/a |
| Insurance: | $96 |
| Property management: | n/a |
| Total monthly cost: | $2,115 |
| Monthly cashflow (year 1): | $715 |
| annual cashflow: | $8,572 |
