Home » Properties » New Construction SFR Sold by the Jacksonville Property Team for $289k

New Construction SFR Sold by the Jacksonville Property Team for $289k

Property Type:

New Construction
Purchase Price: $289,900
Gross Rent: $1,815
Cap Rate (year 1): 5.7
Cash Flow (year 1): $4,928
4
2
1,617 SQ. FT
Loan type? 75% LTV 10/6 ARM @ 3.500% with 0 Pts
?Purchase Price:$289,900
Down payment:$72,475
?Purchase cost:$8,697
?Total cash invested:$81,172
?Estimated cash flow (year 1)
?Gross rent:$1,815
?Principal & interest:$976
Taxes:$362
HOA:n/a
Insurance:$66
Property management:$0
Total monthly cost:$1,404
?Monthly cashflow (year 1):$411
?annual cashflow:$4,928

Buy & Hold Projections

?Appreciation:
6%
?Income Increase:
4%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$4,928$6,167$10,666$41,654
?Total equity:$94,042$192,928$350,822$1,665,038
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%6%8%18%
?Cash on Cash Return:6%8%13%51%
?Return on Equity:5%3%3%3%
?Internal Rate of Return (IRR):-1%21%19%15%
?Return on Investment:-1%142%381%2,627%

Protected content

You need to be logged in to view this content. Please choose from the options below to view the entire Proforma.

Hidden Title

No related pages found.

About

Log in to Your Account

Don't have an account? Click here to create an account for FREE.

Login / email
Password
Remember me

Lost Password?

Passive Wealth Showcase. April 25. Los Angeles.

Close the CTA

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