New Construction SFR Sold by the Jacksonville Property Team for $324k
Property Type:
New Construction
Purchase Price: $324,900
Gross Rent: $2,024
Cap Rate (year 1): 5.7
Cash Flow (year 1): $4,974
| Loan type | 75% LTV 30-year @ 3.750% with 3_95 Pts |
|---|---|
| Purchase Price: | $324,900 |
| Down payment: | $81,225 |
| Purchase cost: | $19,372 |
| Total cash invested: | $100,597 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $2,024 |
| Principal & interest: | $1,128 |
| Taxes: | $406 |
| HOA: | n/a |
| Insurance: | $75 |
| Property management: | $0 |
| Total monthly cost: | $1,609 |
| Monthly cashflow (year 1): | $415 |
| annual cashflow: | $4,974 |
