Home » Properties » Multi-family Rental Property Sold by the Dallas Property Team for $650k

Multi-family Rental Property Sold by the Dallas Property Team for $650k

Property Type:

Fourplex
Purchase Price: $650,000
Gross Rent: $4,964
Cap Rate (year 1): 7.2
Cash Flow (year 1): $10,961
12
4
4,968 SQ. FT
Loan type? 75% LTV 30-year @ 6.250% with 2 Pts
?Purchase Price:$650,000
Down payment:$162,500
?Purchase cost:$29,250
?Total cash invested:$191,750
?Estimated cash flow (year 1)
?Gross rent:$4,964
?Principal & interest:$3,002
Taxes:$476
HOA:n/a
Insurance:$325
Property management:$248
Total monthly cost:$4,051
?Monthly cashflow (year 1):$913
?annual cashflow:$10,961

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$10,961$19,782$33,041$123,399
?Total equity:$207,213$414,828$753,392$3,733,269
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%9%11%25%
?Cash on Cash Return:6%10%17%64%
?Return on Equity:5%5%4%3%
?Internal Rate of Return (IRR):-8%20%20%17%
?Return on Investment:-8%129%368%2,619%

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