Home » Properties » New Construction Duplex Sold by the Kansas City Property Team for $485k

New Construction Duplex Sold by the Kansas City Property Team for $485k

Multi Family Rental Sold by the Kansas City Property Team for $495k

Property Type:

New Construction
Purchase Price: $485,000
Gross Rent: $3,590
Cap Rate (year 1): 7.4
Cash Flow (year 1): $14,003
6
4
2,912 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.500% with 0 Pts
?Purchase Price:$485,000
Down payment:$121,500
?Purchase cost:$14,550
?Total cash invested:$135,800
?Estimated cash flow (year 1)
?Gross rent:$3,590
?Principal & interest:$1,843
Taxes:$430
HOA:n/a
Insurance:$150
Property management:$0
Total monthly cost:$2,423
?Monthly cashflow (year 1):$1,167
?annual cashflow:$14,003

Buy & Hold Projections

?Appreciation:
3%		?Income Increase:
2%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$14,003$12,026$15,901$35,876
?Total equity:$141,668$230,661$360,474$1,177,222
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%7%8%12%
?Cash on Cash Return:10%9%12%26%
?Return on Equity:10%5%4%3%
?Internal Rate of Return (IRR):-7%15%16%13%
?Return on Investment:-7%88%232%1,189%

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