Home » Properties » New Construction Duplex Property Sold by the San Antonio Property Team for $624k

New Construction Duplex Property Sold by the San Antonio Property Team for $624k

Picture of New Construction Duplex in San Antonio.

Property Type:

Duplex
Purchase Price: $624,900
Gross Rent: $4,100
Cap Rate (year 1): 6.2
Cash Flow (year 1): $12,558
6
5
2,750 SQ. FT
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

Buy & Hold Projections

?Appreciation:
6%
?Income Increase:
4%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$12,558$16,588$27,116$99,369
?Total equity:$202,337$414,087$753,011$3,589,108
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):6%7%9%20%
?Cash on Cash Return:7%10%16%57%
?Return on Equity:6%4%4%3%
?Internal Rate of Return (IRR):0%22%20%16%
?Return on Investment:0%149%398%2,622%

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