New Construction Duplex Property Sold by the Fort Worth Property Team for $430k
Property Type:
Duplex
Purchase Price: $430,000
Gross Rent: $3,200
Cap Rate (year 1): 6.2
Cash Flow (year 1): $6,093
| Loan type | 75% LTV 30-year @ 4.990% with 0 Pts |
|---|---|
| Purchase Price: | $430,000 |
| Down payment: | $107,500 |
| Purchase cost: | $12,900 |
| Total cash invested: | $120,400 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $3,200 |
| Principal & interest: | $1,729 |
| Taxes: | $776 |
| HOA: | n/a |
| Insurance: | $187 |
| Property management: | $0 |
| Total monthly cost: | $2,692 |
| Monthly cashflow (year 1): | $508 |
| annual cashflow: | $6,093 |
