New Construction SFR Property Sold by the Birmingham Property Team for $265k

New Construction SFR Property sold by the Birmingham Property Team for 265K.

Property Type:

New Construction
Purchase Price: $265,000
Gross Rent: $1,850
Estimated Cap Rate (year 1): 6.0
Estimated Cash Flow (year 1): $2,461
3
2
1,549 SQ. FT
Loan type? 75% LTV 30-year @ 5.375% with 0 Pts
?Purchase Price:$265,000
Down payment:$66,250
?Purchase cost:$7,950
?Total cash invested:$74,200
?Estimated cash flow (year 1)
?Gross rent:$1,850
?Principal & interest:$1,113
Taxes:$267
HOA:n/a
Insurance:$117
Property management:$148
Total monthly cost:$1,645
?Monthly cashflow (year 1):$205
?annual cashflow:$2,461

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:$2,461$3,765$5,547$14,732
?Total equity:$76,939$123,749$192,673$643,225
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%7%7%11%
?Cash on Cash Return:3%5%8%20%
?Return on Equity:3%3%3%2%
?Internal Rate of Return (IRR):-15%11%12%11%
?Return on Investment:-15%63%184%1,040%

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