New Construction SFR Sold by the Jacksonville Property Team for $309k
Property Type:
New Construction
Purchase Price: $309,900
Gross Rent: $1,845
Cap Rate (year 1): 5.3
Cash Flow (year 1): $3,415
| Loan type | 75% LTV 30-year @ 3.750% with 3_95 Pts |
|---|---|
| Purchase Price: | $309,900 |
| Down payment: | $77,475 |
| Purchase cost: | $13,946 |
| Total cash invested: | $91,421 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,845 |
| Principal & interest: | $1,076 |
| Taxes: | $387 |
| HOA: | n/a |
| Insurance: | $97 |
| Property management: | $0 |
| Total monthly cost: | $1,560 |
| Monthly cashflow (year 1): | $285 |
| annual cashflow: | $3,415 |
