Brand New Modern Single Family Home in OKC Metro-199K
Oklahoma City, OK 73179
3 bedrooms 2 bathrooms 2026 year built
3 bdrm / 2 bath - Built in 2026
Square Feet1,110
Initial Market Value$199,900
Purchase Price$199,900
Downpayment$49,975
Loan Origination Fees$0
Depreciable Closing Costs$9,995
Other Costs and Fixup$0
Approximate Cash Invested$59,970
Cost per Square Foot$180
Monthly Rent per Square Foot$1.35
Projected IncomeMonthlyAnnual
Projected Rent$1,500$18,000
Vacancy Losses($120)($1,440)
Operating Income$1,380$16,560
Estimated ExpensesMonthlyAnnual
Property Taxes($200)($2,399)
Insurance($72)($860)
Management Fees$0$0
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($30)($360)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($302)($3,618)
Net PerformanceMonthlyAnnual
Net Operating Income$1,078$12,942
- Mortgage Payments($887)($10,642)
= Cash Flow$192$2,299
+ Principal Reduction$157$1,884
+ First-Year Appreciation$1,000$11,994
= Gross Equity Income$1,348$16,178
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$149,925$0
Monthly Payment$886.86$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate5.875%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)0.8%
Debt Coverage Ratio1.22
Annual Gross Rent Multiplier11
Capitalization Rate6.5%
Cash on Cash Return4%
Return on Investment27%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Projected Appreciation Rate6%
Vacancy Rate8%
Management Fee0%
Maintenance Percentage2%
Comments
Located in Oklahoma CIty, this charming 3-bedroom, 2-bath home features a spacious layout, modern finishes, and a quiet neighborhood setting. A great opportunity for homeowners or investors in a growing market.
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.