New Construction Duplex Sold by the Kansas City Property Team for $539k
Property Type:
New Construction
Purchase Price: $539,950
Gross Rent: $3,700
Cap Rate (year 1): 6.8
Cash Flow (year 1): $5,441
| Loan type | 75% LTV 30-year @ 6.750% with 2 Pts |
|---|---|
| Purchase Price: | $539,950 |
| Down payment: | $134,988 |
| Purchase cost: | $13,499 |
| Total cash invested: | $148,487 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $3,700 |
| Principal & interest: | $2,627 |
| Taxes: | $460 |
| HOA: | n/a |
| Insurance: | $160 |
| Property management: | $0 |
| Total monthly cost: | $3,247 |
| Monthly cashflow (year 1): | $453 |
| annual cashflow: | $5,441 |
