New Construction SFR Sold by the Jacksonville Property Team for $348k
Property Type:
New Construction
Purchase Price: $348,900
Gross Rent: $1,945
Cap Rate (year 1): 5.0
Cash Flow (year 1): $2,815
| Loan type | 75% LTV 10/6 ARM @ 3.750% with 3_95 Pts |
|---|---|
| Purchase Price: | $348,900 |
| Down payment: | $87,225 |
| Purchase cost: | $20,803 |
| Total cash invested: | $108,028 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,945 |
| Principal & interest: | $1,212 |
| Taxes: | $390 |
| HOA: | n/a |
| Insurance: | $109 |
| Property management: | $0 |
| Total monthly cost: | $1,711 |
| Monthly cashflow (year 1): | $234 |
| annual cashflow: | $2,815 |
