Property Information
Brand New Modern Home in Chickasha- 155k!!
Chickasha, OK 73018
2 bdrm/2 bath - Built in 2025
| General Information | |
|---|---|
| Square Feet | 864 |
| Purchase Price | $154,900 |
| Initial Market Value | $154,900 |
| Downpayment | $38,725 |
| Closing Costs | $7,745 |
| Initial Cash Invested | $46,470 |
| Income & Expenses | Monthly | Annual |
|---|---|---|
| Gross Rent | $1,250 | $15,000 |
| Vacancy Losses | $100 | $1,200 |
| Operating Income | $1,150 | $13,800 |
| Operating Expenses | $241 | $2,887 |
| Financial Indicators | |
|---|---|
| Capitalization Rate | 7.0% |
| Cash on Cash Return | 4% |
| Total Return on Investment | 27% |
| Net Performance | Monthly | Annual |
|---|---|---|
| Net Operating Income | $909 | $10,913 |
| - Mortgage Payments | $744 | $8,927 |
| = Cash Flow | $166 | $1,987 |
| + Principal Reduction | $106 | $1,268 |
| + First-Year Appreciation | $775 | $9,294 |
| = Gross Equity Income | $1,046 | $12,549 |
| Assumptions | |
|---|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Comments |
|---|
| Brand new 2/2 Bedroom single family home All appliances are included with the sale Fenced backyard Granite in kitchen and bathroom 2 Years Free Property Management 1% seller credit towards closing costs |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
Learn How to Read a Performa