New Construction Duplex Property Sold by the San Antonio Property Team for $624k
Property Type:
Duplex
Purchase Price: $624,900
Gross Rent: $4,100
Cap Rate (year 1): 6.2
Cash Flow (year 1): $12,558
| Loan type | 75% LTV 10/6 ARM @ 3.750% with 0 Pts |
|---|---|
| Purchase Price: | $624,900 |
| Down payment: | $156,225 |
| Purchase cost: | $18,747 |
| Total cash invested: | $174,972 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $4,100 |
| Principal & interest: | $2,171 |
| Taxes: | $683 |
| HOA: | $100 |
| Insurance: | $100 |
| Property management: | n/a |
| Total monthly cost: | $3,054 |
| Monthly cashflow (year 1): | $1,046 |
| annual cashflow: | $12,558 |
