Property Information
Brand New Wagoner Duplex-Fully Occupied
Wagoner, OK 74467
3 Bdrm/2 Bath Per Side - Built in 2024
| General Information | |
|---|---|
| Square Feet | 2,296 |
| Purchase Price | $415,000 |
| Initial Market Value | $415,000 |
| Downpayment | $103,750 |
| Closing Costs | $20,750 |
| Initial Cash Invested | $124,500 |
| Income & Expenses | Monthly | Annual |
|---|---|---|
| Gross Rent | $2,750 | $33,000 |
| Vacancy Losses | $220 | $2,640 |
| Operating Income | $2,530 | $30,360 |
| Operating Expenses | $629 | $7,549 |
| Financial Indicators | |
|---|---|
| Capitalization Rate | 5.5% |
| Cash on Cash Return | -2% |
| Total Return on Investment | 21% |
| Net Performance | Monthly | Annual |
|---|---|---|
| Net Operating Income | $1,901 | $22,811 |
| - Mortgage Payments | $2,069 | $24,824 |
| = Cash Flow | ($168) | ($2,013) |
| + Principal Reduction | $264 | $3,168 |
| + First-Year Appreciation | $2,075 | $24,900 |
| = Gross Equity Income | $2,171 | $26,055 |
| Assumptions | |
|---|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
| Comments |
|---|
| Located IN Wagoner OK just 35-40M outside of Tulsa 3 Years Free Property Management. Investor Package = Fenced Yard, All Appliances, Blinds, No Carpet. Ready to rent |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.
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