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Property details

Beds6
Baths2
Square feet2,686
Year built2023
Property typeMulti Family - 2 Units
CountyLee County

Proforma Turnkey End Buyer

Cash on Cash7.78%
Cap Rate6.13%
IRR24.61%
DSCR1.49x
ARV$550,000

Purchase & Financing

Purchase price$550,000
Closing costs$5,500
Down payment (25%)$137,500
Loan amount$412,500
Interest rate3.75%
Loan term30 years
Total out of pocket$143,000

Income & Expenses

MonthlyAnnual
Gross rent$3,790$45,480
Vacancy($76)($910)
Property taxes($687)($8,249)
Insurance($78)($932)
Maintenance($111)($1,337)
Net operating income$2,838$34,052
Mortgage (P&I)($1,910)($22,924)
Net cash flow$927$11,128

View full proforma & projections

Projections are based on current rent, taxes, insurance and financing assumptions and are estimates only. Verify all figures independently before investing.

About this property

NEW BUILD IN 2026 DUPLEX! ALREADY RENTED AND CASH FLOWING! 3 bedrooms, 1 bathroom, 1,343 sqft each unit.
3.75% Interest Rate with Rate Buydown from Seller!
1 Year Pre-Paid Property Management! 8% after that. In house property management.

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