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Single Family Rental Property Sold by the Dallas Property Team for $205k

New Construction SFR Rental Property sold by the Dallas/North Texas Property Team for $205K.

Property Type:

New Construction
Purchase Price: $205,990
Gross Rent: $1,725
Cap Rate (year 1): 8.9
Cash Flow (year 1): $7,607
3
2
1,280 SQ. FT

Loan type? 75% LTV 30-year @ 5.750% with 0 Pts
?Purchase Price:$205,990
Down payment:$51,498
?Purchase cost:$2,060
?Total cash invested:$53,558
?Estimated cash flow (year 1)
?Gross rent:$1,725
?Principal & interest:$902
Taxes:$90
HOA:n/a
Insurance:$100
Property management:$0
Total monthly cost:$1,092
?Monthly cashflow (year 1):$633
?annual cashflow:$7,607

Buy & Hold Projections

Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$7,607$5,355$10,005$41,497
?Total equity:$65,844$132,351$240,483$1,183,102
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):9%8%10%25%
?Cash on Cash Return:14%10%19%78%
?Return on Equity:12%4%4%4%
?Internal Rate of Return (IRR):13%24%22%18%
?Return on Investment:13%162%428%3,011%

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