New Construction SFR Property Sold by the SW Florida Property Team for $299k

New Construction SFR Property sold by the SW FL Property Team for 299K.

Property Type:

New Construction
Purchase Price: $299,900
Gross Rent: $1,995
Cap Rate (year 1): 6.8
Cash Flow (year 1): $7,756
3
2
1,324 SQ. FT
Loan type? 75% LTV 30-year @ 3.750% with 0 Pts
?Purchase Price:$299,900
Down payment:$74,975
?Purchase cost:$8,997
?Total cash invested:$83,972
?Estimated cash flow (year 1)
?Gross rent:$1,995
?Principal & interest:$1,042
Taxes:$250
HOA:n/a
Insurance:$57
Property management:$0
Total monthly cost:$1,349
?Monthly cashflow (year 1):$646
?annual cashflow:$7,756

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$7,756$9,278$14,446$49,645
?Total equity:$97,105$198,728$361,382$1,722,473
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%7%9%21%
?Cash on Cash Return:9%11%17%59%
?Return on Equity:8%5%4%3%
?Internal Rate of Return (IRR):2%23%21%17%
?Return on Investment:2%155%412%2,677%

Protected content

You need to be logged in to view this content. Please choose from the options below to view the entire Proforma.

Start typing and press enter to search

Join RealWealth for Free Access to:

• Vetted off-market turnkey rental properties.

• Complimentary strategy sessions.

• Members-only investor education.

Close the CTA
RealWealth logo

• And so much more.

Scroll to Top