1229 DELANO ST
2,123 SF
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{{ percent(CoC, 1) }}
{{ percent(onePercentRule, 1) }} IRR
{{ percent(idealIRR, 1) }}
{{ currency(unitsTotalRentalRate, 0, '-') }} {{ currency(calcParams.strRentalRate, 0, '-') }} {{ currency(monthlyRental, 0, '-') }}
Total Monthly Rent Avg. Nightly Rate Rental Rate{{ currency(propertyValue, 0, '-') }}
Property Value{{ currency(calcParams.purchaseprice, 0, '-') }}
Purchase Price{{ currency(flipTotalCashInvested) }} {{ currency(calculatedResults?.existingInvestmentSummary?.investmentBasis.total) }} {{ currency(initialInvestment) }}
Cash Required Initial Investment Initial Investment
2,123 SF
Cash on Cash (CoC) Return is the amount of cash flow you receive in one year compared to the amount of cash invested.
Your Cash on Cash gauge reflects a goal of {{ percent(blueChipCriteria?.minCoC) }}. You can adjust your CoC goal in Settings - Blue Chip Criteria.
The formula for Cash on Cash Return is:
Using the value from the analysis on this page, the CoC Return is calculated as follows:
Continue to learn more!:
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Internal Rate of Return (IRR) measures how much, on average, you earn annually from a property—factoring in both the amount of money you invest and when you get money back (like rental income or sale proceeds).
Your IRR gauge reflects an IRR goal of {{ percent(blueChipCriteria?.minIRR) }}. You can adjust your IRR goal in Settings - Blue Chip Criteria.
While cap rate and cash on cash measure the value and performance of a property annually, IRR takes into consideration appreciation, amortization, and the time value of money.
Because earlier cash flow is "worth more" in IRR terms, a faster exit can increase IRR even if you end up with less total profit. That's why it's helpful to look at both IRR and total wealth accumulation when deciding how long to hold the property.
The formula for IRR is quite complex. It is not something you would ordinarily calculator without a financial calculator or spreadsheet.
To setup an IRR calculation, you need to know your initial investment, the cash flows received each year during the investment, and the sales proceeds at disposition. This information is placed in a t-bar chart, in the format below:
| Period | Cash Flow | + | Sales Proceeds |
|---|---|---|---|
| 0 | (Initial Investment) | ||
| 1 | CF 1 | ||
| CF x | |||
| 7 | CF 7 | + | Sales Proceeds |
A t-bar chart populated with the values from the property analysis on this page looks as follows:
| EoY | Cash Flows | Sale Proceeds |
|---|---|---|
| {{ getIrrYear(idx) }} | {{ currency(value, false) }} | {{ currency(getHoldNetEquity(idx), false, '') }} |
IRR = {{ percent(getHoldIrr, 1) }}
Adjust the hold period below to see how it affects the IRR
Continue to learn more!:
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- Tenant Occupied
- {{ propertyStore?.property?.mlsSource?.status }}
{{ currency(calculatedResults?.existingInvestmentSummary?.investmentBasis.total, 0, '-') }} {{ currency(initialInvestment, 0, '-') }}
Initial InvestmentInitial Investment is the total amount of money you put in upfront to purchase and prepare the property—like your down payment, closing costs, and any immediate repairs or improvements. This figure helps you see how much of your own cash is tied up before rental income (or other revenue) starts coming in.
The initial investment for the property on this page is summarized in the table below:
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Current EquityPlease review and edit this property's Financial History to continue.
Own a large new construction home in East Austin where location meets high design and luxury. Minutes from Mueller's Thinkery and multitude of parks, as well as some of East Austin's favorite restaurants like Veracruz and Bird Bird Biscuit, and fitness opportunities at Austin Bouldering Project. Additionally, this property is just 15 minutes from the airport, the Domain, and Downtown Austin. This four bedroom, four full bathroom brand new home features natural light pouring in from all directions while maintaining a sense of privacy and and a soothing finish-out and color palatte. On the ground floor, you will find a private garage, full bedroom and bathroom, and a gourmet kitchen with white and copper-accented Cafe appliances, and a large open dining and living area. Off the dining area is an expansive sliding door that leads to a private fully-fenced side and backyard space. The stairs lead to a wonderfully laid out and function second floor with another secondary bedroom and full bath, an office/loft/flex space and a primary bedroom with ensuite full bathroom with double vanity and double shower heads! An extra luxury off the primary suite is a private covered balcony. On the third floor, there is another bedroom that could be used as a second primary suite as it has a full attached bathroom with double vanity and large glass-enclosed shower. Don't forget to see the top of the Downtown Austin skyline from the south-facing third floor window! This home will have a $0 Homeowner's Association fee. There will be two other homes available in this development with similar layouts, pricing, and finishes, as well as three 1,245 square foot unit 2's with three bedrooms, three bathrooms priced at $549,500.
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