Home » Properties » New Construction Single Family Rental Property Sold by the Dallas Property Team for $212k

New Construction Single Family Rental Property Sold by the Dallas Property Team for $212k

New Construction Single Family Rental Property sold by the Dallas/North Texas Property Team for $212K.

Property Type:

Single Family Rental
Purchase Price: $212,649
Gross Rent: $1,725
Cap Rate (year 1): 6.4
Cash Flow (year 1): $3,707
3
2
1,266 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.250% with 0 Pts
?Purchase Price:$212,649
Down payment:$53,162
?Purchase cost:$4,253
?Total cash invested:$57,415
?Estimated cash flow (year 1)
?Gross rent:$1,725
?Principal & interest:$832
Taxes:$396
HOA:$89
Insurance:$100
Property management:$0
Total monthly cost:$1,416
?Monthly cashflow (year 1):$309
?annual cashflow:$3,707

Buy & Hold Projections

?Appreciation:
6%
?Income Increase:
4%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$3,707$5,071$9,187$37,929
?Total equity:$68,382$138,644$252,080$1,221,348
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%7%9%23%
?Cash on Cash Return:7%9%16%66%
?Return on Equity:5%4%4%3%
?Internal Rate of Return (IRR):2%21%20%16%
?Return on Investment:2%146%399%2,776%

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