Home » Properties » New Construction Single Family Rental Property Sold by the Dallas Property Team for $220k

New Construction Single Family Rental Property Sold by the Dallas Property Team for $220k

New Construction Single Family Rental Property sold by the Dallas/North Texas Property Team for $220K.

Property Type:

Single Family Rental
Purchase Price: $220,999
Gross Rent: $1,850
Cap Rate (year 1): 6.2
Cash Flow (year 1): $3,418
3
2
1,451 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.750% with 0 Pts
?Purchase Price:$220,999
Down payment:$55,250
?Purchase cost:$4,420
?Total cash invested:$59,670
?Estimated cash flow (year 1)
?Gross rent:$1,850
?Principal & interest:$865
Taxes:$559
HOA:$42
Insurance:$100
Property management:$0
Total monthly cost:$1,566
?Monthly cashflow (year 1):$284
?annual cashflow:$3,418

Buy & Hold Projections

?Appreciation:
6%
?Income Increase:
4%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$3,418$4,808$9,122$39,430
?Total equity:$71,068$144,090$261,979$1,269,306
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%7%9%23%
?Cash on Cash Return:6%8%15%66%
?Return on Equity:5%3%4%3%
?Internal Rate of Return (IRR):1%21%19%16%
?Return on Investment:1%142%391%2,760%

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