Single Family Rental Property Sold by the Dallas Property Team for $239k
Property Type:
Single Family Rental
Purchase Price: $239,199
Gross Rent: $1,800
Cap Rate (year 1): 8.2
Cash Flow (year 1): $5,831
| Loan type | 75% LTV 30-year @ 6.600% with 2 Pts |
|---|---|
| Purchase Price: | $239,199 |
| Down payment: | $59,800 |
| Purchase cost: | $10,764 |
| Total cash invested: | $70,564 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,800 |
| Principal & interest: | $1,146 |
| Taxes: | $68 |
| HOA: | n/a |
| Insurance: | $100 |
| Property management: | $0 |
| Total monthly cost: | $1,314 |
| Monthly cashflow (year 1): | $486 |
| annual cashflow: | $5,831 |
