TEXAS TRUST MORTGAGE
New Construction Rental — Deal Sheet
Enter the deal above the line. Returns, forecast and charts below update as you type.
The deal
Money in
Cash to close
Your costs, then the credits that come off. Incentives are the only lever here that costs the investor nothing.
Money monthly
Where the rent goes
Gross rent in month one, less every line item, down to what lands in the investor's pocket.
Money the IRS gives back
The tax picture
Year one. Operating costs, mortgage interest and depreciation are all deductible — which is why a rental can lose money on paper while its bank account holds steady.
Money working
Cash-on-cash return
Annual cash flow against every dollar it took to close — down payment, closing costs and prepaids, less the credits.
Money over time
Where the return actually comes from
Cumulative gain by year, before cost of sale. On new construction at retail the cash-flow bar is rarely the tall one — amortization and appreciation carry the deal.