New Construction SFR Sold by the Kansas City Property Team for $450k

New Construction Single family rental sold by the Kansas City team for 450K

Property Type:

New Construction
Purchase Price: $450,000
Gross Rent: $3,095
Estimated Cap Rate (year 1): 6.6
Estimated Cash Flow (year 1): $10,245
4
3
1,947 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.000% with 0 Pts
?Purchase Price:$450,000
Down payment:$112,500
?Purchase cost:$13,500
?Total cash invested:$126,000
?Estimated cash flow (year 1)
?Gross rent:$3,095
?Principal & interest:$1,611
Taxes:$525
HOA:n/a
Insurance:$105
Property management:$0
Total monthly cost:$2,241
?Monthly cashflow (year 1):$854
?annual cashflow:$10,245

Buy & Hold Projections

All figures are estimates and are not guaranteed.

?Appreciation:
3%
?Income Increase:
2%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$10,245$8,856$12,021$28,336
?Total equity:$131,943$216,413$338,866$1,092,268
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%6%7%11%
?Cash on Cash Return:8%7%10%23%
?Return on Equity:8%4%4%3%
?Internal Rate of Return (IRR):-9%14%14%12%
?Return on Investment:-9%80%216%1,109%

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