New Construction SFR Sold by the Jacksonville Property Team for $273K
Property Type:
New Construction
Purchase Price: $273,900
Gross Rent: $1,675
Cap Rate (year 1): 5.6
Cash Flow (year 1): $3,370
| Loan type | 75% LTV 10/6 ARM @ 3.750% with 3_95 Pts |
|---|---|
| Purchase Price: | $273,900 |
| Down payment: | $68,475 |
| Purchase cost: | $8,217 |
| Total cash invested: | $76,692 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,675 |
| Principal & interest: | $989 |
| Taxes: | $342 |
| HOA: | n/a |
| Insurance: | $63 |
| Property management: | $0 |
| Total monthly cost: | $1,394 |
| Monthly cashflow (year 1): | $281 |
| annual cashflow: | $3,370 |
