CLIENT Cash
Edmond, OK 73013
3 bedrooms 2 bathrooms
3BR, 2BA, Built in 2021
| Square Feet | 1,619 | | Initial Market Value | $280,000 | | Purchase Price | $280,000 | | Downpayment | $280,000 | | Loan Origination Fees | $0 | | Depreciable Closing Costs | $2,800 | | Other Costs and Fixup | $0 | | Approximate Cash Invested | $282,800 | | Cost per Square Foot | $173 | | Monthly Rent per Square Foot | $1.17 |
| Projected Income | Monthly | Annual |
|---|
| Projected Rent | $1,895 | $22,740 | | Vacancy Losses | ($152) | ($1,819) | | Operating Income | $1,743 | $20,921 |
| Estimated Expenses | Monthly | Annual |
|---|
| Property Taxes | ($280) | ($3,360) | | Insurance | ($91) | ($1,092) | | Management Fees | ($60) | ($720) | | Leasing/Advertising Fees | $0 | $0 | | Association Fees | ($24) | ($288) | | Maintenance | ($38) | ($455) | | Other (Utilities, Supplies, etc.) | $0 | $0 | | Operating Expenses | ($493) | ($5,915) |
| Net Performance | Monthly | Annual |
|---|
| Net Operating Income | $1,251 | $15,006 | | - Mortgage Payments | $0 | $0 | | = Cash Flow | $1,251 | $15,006 | | + Principal Reduction | $0 | $0 | | + First-Year Appreciation | $1,400 | $16,800 | | = Gross Equity Income | $2,651 | $31,806 |
| | Mortgage Info | First | Second |
|---|
| Loan-to-Value Ratio | 0% | 0% | | Loan Amount | $0 | $0 | | Monthly Payment | $0.00 | $0.00 | | Loan Type | Amortizing Fixed | | | Term | 30 Years | | | Interest Rate | 6.990% | 0.000% | | Monthly PMI | $0 | |
| Financial Indicators | |
|---|
| Rent-to-Value Ratio™ (RV Ratio™) | 0.7% | | Debt Coverage Ratio | N/A | | Annual Gross Rent Multiplier | 12 | | Capitalization Rate | 5.4% | | Cash on Cash Return | 5% | | Return on Investment | 11% | | + Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc. |
| Assumptions | |
|---|
| Projected Appreciation Rate | 6% | | Vacancy Rate | 8% | | Management Fee | $60 | | Maintenance Percentage | 2% |
*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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