Home » Properties » New Construction SFR Sold by the Jacksonville Property Team for $329k

New Construction SFR Sold by the Jacksonville Property Team for $329k

New Construction SFR Property sold by the JAX Property Team for 289K.

Property Type:

New Construction
Purchase Price: $329,900
Gross Rent: $2,095
Cap Rate (year 1): 5.8
Cash Flow (year 1): $5,951
4
2
1,761 SQ. FT
Loan type? 75% LTV 10/6 ARM @ 3.500% with 0 Pts
?Purchase Price:$329,900
Down payment:$82,475
?Purchase cost:$9,897
?Total cash invested:$92,372
?Estimated cash flow (year 1)
?Gross rent:$2,095
?Principal & interest:$1,111
Taxes:$412
HOA:n/a
Insurance:$76
Property management:$0
Total monthly cost:$1,599
?Monthly cashflow (year 1):$496
?annual cashflow:$5,951

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$5,951$7,385$12,587$48,398
?Total equity:$107,017$219,548$399,228$1,894,778
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%6%8%19%
?Cash on Cash Return:6%8%14%52%
?Return on Equity:6%3%3%3%
?Internal Rate of Return (IRR):0%21%20%16%
?Return on Investment:0%144%385%2,547%

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