Ebby Halliday Represents Buyer In $1.22M SFR Sale On Orchid Lane, Dallas
SOLD
Texas
See Similar DealsSingle Family Residence4,697 SF
Sold 06/16/2020
SOLD
Ebby Halliday Represents Buyer In $1.22M SFR Sale On Orchid Lane, Dallas
6015 Orchid Ln, Dallas, TX 75230, USA
See Similar DealsSingle Family Residence4,697 SF
Sold 06/16/2020
Summary
TEXAS
Asset Type:Single Family Residence
Price Per Square Foot:$259
Total Square Footage:4,697 SF
Transaction Type:Sale
The property at 6015 Orchid Lane in Dallas has been sold in a closed transaction. The single-family residential (SFR) asset spans 4,697 square feet and was purchased for a total price of $1,220,000, resulting in a price per square foot of $260.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $1,220,000
- Address: 6015 Orchid Lane, Dallas
- Market: Dallas
The buyer's representative in this transaction was Sophia Tolk from Ebby Halliday, while the seller's representatives were Alexa Anderson and Bradley Anderson from Keller Williams Urban Dallas.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$65,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,334.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,783.42
Annual Debt Service$69,401.07
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