6BR/5BA | Duplex (2 units) | Dayton, TX | $635,000 | $5,190/mo

Dayton, Texas

Seller Incentives

Builder-Offered Interest Rates

Special rates available with buyer-paid points at closing

Conventional:3.75% with 1.85 points

Closing Costs Credit: $2,500

Additional Incentives:

3.75% interest on a 10/6 ARM. The builder contributes $40,000 toward the rate buydown; the buyer pays $11,770, about 1.85 points at 75% LTV. Also includes a $2,500 closing credit, a $3,500 builder rent credit and a $3,500 post-close rent credit. 5% property management through the builder's manager, against the 8% we underwrite as standard. Worth about $1,900 a year on a duplex.

$635,000

16.9% IRR

Based on

Conventional Loan

Annual Income

$62,280

Cash Flow

$553/mo

Cap Rate

5.21%

CoC

3.67%