Home » Properties » New Construction Duplex Property Sold by the SW Florida Property Team for $550k

New Construction Duplex Property Sold by the SW Florida Property Team for $550k

New Construction MFR Property sold by the SW FL Property Team for 550K.

Property Type:

Duplex
Purchase Price: $550,000
Gross Rent: $3,890
Cap Rate (year 1): 6.7
Cash Flow (year 1): $13,863
6
4
2,696 SQ. FT
Loan type? 75% LTV 30-year @ 3.750% with 0 Pts
?Purchase Price:$550,000
Down payment:$137,500
?Purchase cost:$16,500
?Total cash invested:$154,000
?Estimated cash flow (year 1)
?Gross rent:$3,890
?Principal & interest:$1,910
Taxes:$751
HOA:n/a
Insurance:$73
Property management:$0
Total monthly cost:$2,734
?Monthly cashflow (year 1):$1,156
?annual cashflow:$13,863

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$13,863$16,608$26,378$93,441
?Total equity:$178,085$364,455$662,755$3,158,920
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%7%9%21%
?Cash on Cash Return:9%11%17%61%
?Return on Equity:8%5%4%3%
?Internal Rate of Return (IRR):2%23%21%17%
?Return on Investment:2%154%410%2,688%

Protected content

You need to be logged in to view this content. Please choose from the options below to view the entire Proforma.

Join for free
Log In

Start typing and press enter to search

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