Home » Properties » Single Family Property Sold by the Jacksonville, FL Property Team for $309K

Single Family Property Sold by the Jacksonville, FL Property Team for $309K

Property Type:

Single Family Rental
Purchase Price: $309,900
Gross Rent: $1,815
Cap Rate (year 1): 5.3
Cash Flow (year 1): $3,367
4
2
1,617 SQ. FT
Loan type? 75% LTV 30-year @ 3.750% with 2 Pts
?Purchase Price:$309,900
Down payment:$77,475
?Purchase cost:$15,495
?Total cash invested:$92,970
?Estimated cash flow (year 1)
?Gross rent:$1,815
?Principal & interest:$1,076
Taxes:$387
HOA:n/a
Insurance:$71
Property management:n/a
Total monthly cost:$1,534
?Monthly cashflow (year 1):$281
?annual cashflow:$3,367

Buy & Hold Projections

?Appreciation:
6%
?Income Increase:
4%
?Expense Increase:
2%
?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$3,367$4,576$9,035$39,813
?Total equity:$100,343$205,354$373,433$1,779,908
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):5%6%7%17%
?Cash on Cash Return:4%5%10%43%
?Return on Equity:3%2%2%2%
?Internal Rate of Return (IRR):-10%17%17%14%
?Return on Investment:-10%114%325%2,256%

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