Versatile new-construction duplex offering two spacious 4-bedroom, 2.5-bath residences! They are an attractive opportunity for both long term investors and owner occupants.
Each side features a private entrance, attached garage, main-level primary suite, open kitchen and living area, upstairs laundry, three additional bedrooms and flexible bonus space.
We offer 1 year everything builder warranty, 1st tenant placement fees, property management company provided if needed.
For investors, projected combined rent is approximately $3,000 per month, providing potential income from two separate units while helping reduce the vacancy risk associated with a single-family rental. Based on the projected rents and estimated operating expenses, the property offers an estimated 8.1% cap rate and approximately 7.2% cash-on-cash return using the financing assumptions provided.
Owner occupants may also take advantage of the house-hacking potential: live in one four-bedroom residence while renting the neighboring unit to offset a significant portion of the monthly mortgage payment. Qualified buyers may be eligible for FHA financing with as little as 3.5% down. Renderings are for illustrative purposes.
Investment Analysis
| Item | Monthly | Annual |
|---|---|---|
| Gross scheduled rent | $3,000 | $36,000 |
| Vacancy reserve — 5% | ($150) | ($1,800) |
| Property management — 10% | ($300) | ($3,600) |
| Maintenance reserve — 5% | ($150) | ($1,800) |
| Property taxes | ($183) | ($2,200) |
| Insurance | ($125) | ($1,500) |
| Net operating income | $2,092 | $25,100 |
| Cap rate | 8.10% |
| DSCR | 1.29 |
| Monthly cash flow | $466 |
| Annual cash flow | $5,592 |
| Cash-on-cash return | 7.22% |
| Estimated first-year principal reduction | $2,143 |
| Cash flow plus principal paydown | $7,735 |
| First-year return on cash, before appreciation and tax benefits |
9.98% |
Lock in your New Duplex today! $3,000 deposit to secure the property!!
Email your information for the contract to sales@reiamerica.com
All rental income, operating expenses, financing terms, cash flow, cap rate, DSCR, ROI and cash-on-cash figures are estimates provided for illustrative purposes only and are not guarantees of future performance. Actual results may vary based on rents, vacancy, repairs, maintenance, taxes, insurance, management costs and other expenses. Buyers should independently verify all information and complete their own financial, property and market due diligence.
Interest rates and loan programs fluctuate and may change daily. Actual rates, payments, down payment requirements, closing costs and loan eligibility will depend on factors including the buyer’s credit profile, income, assets, debt-to-income ratio, property appraisal, occupancy, lender, loan program and underwriting requirements. Buyers should consult their own lender, real estate professional, tax advisor and other appropriate professionals before making an investment decision.
