Home » Properties » Multi-family Rental Property Sold by the Dallas Property Team for $220k

Multi-family Rental Property Sold by the Dallas Property Team for $220k

Multi Family Property Rental Property sold by the Dallas Property Team for $220K.

Property Type:

Duplex
Purchase Price: $220,000
Gross Rent: $1,954
Cap Rate (year 1): 7.8
Cash Flow (year 1): $4,973
4
2
1,940 SQ. FT
Loan type? 75% LTV 30-year @ 6.250% with 2 Pts
?Purchase Price:$220,000
Down payment:$55,000
?Purchase cost:$9,900
?Total cash invested:$64,900
?Estimated cash flow (year 1)
?Gross rent:$1,954
?Principal & interest:$1,016
Taxes:$280
HOA:n/a
Insurance:$117
Property management:$127
Total monthly cost:$1,540
?Monthly cashflow (year 1):$414
?annual cashflow:$4,973

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$4,973$8,304$13,324$47,728
?Total equity:$70,133$140,404$254,994$1,263,568
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%9%12%27%
?Cash on Cash Return:8%13%21%74%
?Return on Equity:7%6%5%4%
?Internal Rate of Return (IRR):-6%21%21%18%
?Return on Investment:-6%140%394%2,764%

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

Need Capital to Buy Property? 

Close the CTA

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