Property Information
IN ESCROW
Client 50% down
Edmond, OK 73013
3 bedrooms 2 bathrooms
3BR, 2BA, Built in 2021
| General Information | |
|---|---|
| Square Feet | 1,619 |
| Purchase Price | $280,000 |
| Initial Market Value | $280,000 |
| Downpayment | $140,000 |
| Closing Costs | $14,000 |
| Initial Cash Invested | $154,000 |
| Income & Expenses | Monthly | Annual |
|---|---|---|
| Gross Rent | $1,895 | $22,740 |
| Vacancy Losses | $152 | $1,819 |
| Operating Income | $1,743 | $20,921 |
| Operating Expenses | $442 | $5,307 |
| Financial Indicators | |
|---|---|
| Capitalization Rate | 5.6% |
| Cash on Cash Return | 3% |
| Total Return on Investment | 15% |
| Net Performance | Monthly | Annual |
|---|---|---|
| Net Operating Income | $1,301 | $15,614 |
| - Mortgage Payments | $896 | $10,757 |
| = Cash Flow | $405 | $4,857 |
| + Principal Reduction | $127 | $1,528 |
| + First-Year Appreciation | $1,400 | $16,800 |
| = Gross Equity Income | $1,932 | $23,185 |
| Assumptions | |
|---|---|
| Real Estate Appreciation Rate | 6% |
| Vacancy Rate | 8% |
| Management Fee | 0% |
*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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