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Single Family Rental Property Sold by the Dallas Property Team for $217k

New Construction SFR Rental Property sold by the Dallas/North Texas Property Team for $217K.

Property Type:

New Construction
Purchase Price: $217,349
Gross Rent: $1,675
Cap Rate (year 1): 6.8
Cash Flow (year 1): $4,506
3
2
1,451 SQ. FT
Loan type? 75% LTV 7/6 ARM @ 4.875% with 0 Pts
?Purchase Price:$217,349
Down payment:$54,337
?Purchase cost:$6,520
?Total cash invested:$60,857
?Estimated cash flow (year 1)
?Gross rent:$1,675
?Principal & interest:$863
Taxes:$248
HOA:$89
Insurance:$100
Property management:$0
Total monthly cost:$1,300
?Monthly cashflow (year 1):$375
?annual cashflow:$4,506

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$4,506$4,085$8,257$37,074
?Total equity:$69,838$141,438$257,144$1,248,342
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%7%9%22%
?Cash on Cash Return:7%7%14%61%
?Return on Equity:7%3%3%3%
?Internal Rate of Return (IRR):-1%20%19%15%
?Return on Investment:-1%131%365%2,613%

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