General Information | |
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Square Feet | 2,276 |
Purchase Price | $432,500 |
Initial Market Value | $432,500 |
Downpayment | $108,125 |
Closing Costs | $21,625 |
Initial Cash Invested | $129,750 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $2,990 | $35,880 |
Vacancy Losses | $239 | $2,870 |
Operating Income | $2,751 | $33,010 |
Operating Expenses | $647 | $7,767 |
Financial Indicators | |
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Capitalization Rate | 5.8% |
Cash on Cash Return | 0% |
Total Return on Investment | 22% |
Net Performance | Monthly | Annual |
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Net Operating Income | $2,104 | $25,242 |
- Mortgage Payments | $2,156 | $25,871 |
= Cash Flow | ($52) | ($629) |
+ Principal Reduction | $275 | $3,301 |
+ First-Year Appreciation | $2,163 | $25,950 |
= Gross Equity Income | $2,385 | $28,623 |
Assumptions | |
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Real Estate Appreciation Rate | 6% |
Vacancy Rate | 8% |
Management Fee | 0% |
Comments |
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Brand New Duplex in prime location in OKC Metro. These Duplexes are a rare opportunity to own a positive cash flow investment in an A+ area with good schools, in a great town and a prime location within the town of Yukon. These will go fast! |
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.