New Construction SFR Property Sold by the SW Florida Property Team for $319k
Property Type:
New Construction
Purchase Price: $319,900
Gross Rent: $2,200
Cap Rate (year 1): 6.8
Cash Flow (year 1): $3,938
| Loan type | 75% LTV 30-year @ 6.375% with 0 Pts |
|---|---|
| Purchase Price: | $319,900 |
| Down payment: | $79,975 |
| Purchase cost: | $9,597 |
| Total cash invested: | $89,572 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $2,200 |
| Principal & interest: | $1,497 |
| Taxes: | $292 |
| HOA: | n/a |
| Insurance: | $83 |
| Property management: | $0 |
| Total monthly cost: | $1,872 |
| Monthly cashflow (year 1): | $328 |
| annual cashflow: | $3,938 |
