New Construction SFR Property Sold by the San Antonio Property Team for $350k
Property Type:
Single Family Rental
Purchase Price: $350,000
Gross Rent: $2,199
Cap Rate (year 1): 5.6
Cash Flow (year 1): $4,852
| Loan type | 75% LTV 10/6 ARM @ 3.750% with 0 Pts |
|---|---|
| Purchase Price: | $350,000 |
| Down payment: | $87,500 |
| Purchase cost: | $10,500 |
| Total cash invested: | $98,000 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $2,199 |
| Principal & interest: | $1,216 |
| Taxes: | $429 |
| HOA: | $50 |
| Insurance: | $100 |
| Property management: | $0 |
| Total monthly cost: | $1,795 |
| Monthly cashflow (year 1): | $404 |
| annual cashflow: | $4,852 |
