New Construction SFR Sold by the Jacksonville Property Team for $269k
Property Type:
New Construction
Purchase Price: $269,900
Gross Rent: $1,675
Cap Rate (year 1): 5.7
Cash Flow (year 1): $4,059
| Loan type | 75% LTV 10/6 ARM @ 3.750% with 3_95 Pts |
|---|---|
| Purchase Price: | $269,900 |
| Down payment: | $67,475 |
| Purchase cost: | $10,627 |
| Total cash invested: | $78,102 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,675 |
| Principal & interest: | $937 |
| Taxes: | $337 |
| HOA: | n/a |
| Insurance: | $59 |
| Property management: | $0 |
| Total monthly cost: | $1,336 |
| Monthly cashflow (year 1): | $339 |
| annual cashflow: | $4,059 |
