General Information | |
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Square Feet | 2,276 |
Purchase Price | $432,500 |
Initial Market Value | $432,500 |
Downpayment | $129,750 |
Closing Costs | $27,680 |
Initial Cash Invested | $157,430 |
Income & Expenses | Monthly | Annual |
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Gross Rent | $3,140 | $37,680 |
Vacancy Losses | $251 | $3,014 |
Operating Income | $2,889 | $34,666 |
Operating Expenses | $650 | $7,803 |
Financial Indicators | |
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Capitalization Rate | 6.2% |
Cash on Cash Return | 3% |
Total Return on Investment | 22% |
Net Performance | Monthly | Annual |
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Net Operating Income | $2,239 | $26,862 |
- Mortgage Payments | $1,791 | $21,491 |
= Cash Flow | $448 | $5,372 |
+ Principal Reduction | $317 | $3,805 |
+ First-Year Appreciation | $2,163 | $25,950 |
= Gross Equity Income | $2,927 | $35,127 |
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.