Home » Properties » New Construction Duplex Property Sold by the San Antonio Property Team for $585k

New Construction Duplex Property Sold by the San Antonio Property Team for $585k

New Construction Duplex Sold by the San Antonio Property Team for $625k

?Property Type:

Duplex
Purchase Price: $585,000
Gross Rent: $3,700
Cap Rate (year 1): 5.8
Cash Flow (year 1): $9,601
6
5
2,500 SQ. FT
Loan type? 75% LTV 10/6 ARM @ 3.750% with 0 Pts
?Purchase Price:$585,000
Down payment:$146,250
?Purchase cost:$17,550
?Total cash invested:$163,800
?Estimated cash flow (year 1)
?Gross rent:$3,700
?Principal & interest:$2,032
Taxes:$718
HOA:$50
Insurance:$100
Property management:n/a
Total monthly cost:$2,900
?Monthly cashflow (year 1):$800
?annual cashflow:$9,601

Buy & Hold Projections

?Appreciation:
6%
?Income Increase:
4%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$9,601$13,168$22,572$87,279
?Total equity:$189,418$387,648$704,931$3,359,942
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%6%8%19%
?Cash on Cash Return:6%8%14%53%
?Return on Equity:5%3%3%3%
?Internal Rate of Return (IRR):-1%21%19%16%
?Return on Investment:-1%142%383%2,556%

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