New Construction Duplex Property Sold by the SW Florida Property Team for $549k
Property Type:
Duplex
Purchase Price: $549,900
Gross Rent: $3,790
Cap Rate (year 1): 6.8
Cash Flow (year 1): $6,408
| Loan type | 75% LTV 30-year @ 6.375% with 0 Pts |
|---|---|
| Purchase Price: | $549,900 |
| Down payment: | $137,475 |
| Purchase cost: | $16,497 |
| Total cash invested: | $153,972 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $3,790 |
| Principal & interest: | $2,573 |
| Taxes: | $542 |
| HOA: | n/a |
| Insurance: | $141 |
| Property management: | $0 |
| Total monthly cost: | $3,256 |
| Monthly cashflow (year 1): | $534 |
| annual cashflow: | $6,408 |
