Property Information

IN ESCROW

Brand New Modern Home in Chickasha- Client

Chickasha, OK 73018
2 bedrooms 2 bathrooms
2 bdrm/2 bath - Built in 2025
General Information
Square Feet864
Purchase Price$154,900
Initial Market Value$154,900
Downpayment$46,470
Closing Costs$9,914
Initial Cash Invested$56,384
Income & ExpensesMonthlyAnnual
Gross Rent$1,250$15,000
Vacancy Losses$100$1,200
Operating Income$1,150$13,800
Operating Expenses$228$2,732
Financial Indicators
Capitalization Rate7.1%
Cash on Cash Return7%
Total Return on Investment23%
Net PerformanceMonthlyAnnual
Net Operating Income$922$11,068
- Mortgage Payments$599$7,183
= Cash Flow$324$3,885
+ Principal Reduction$0$0
+ First-Year Appreciation$775$9,294
= Gross Equity Income$1,098$13,179
Assumptions
Real Estate Appreciation Rate6%
Vacancy Rate8%
Management Fee0%
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