Brand New Modern Single Family Home in OKC Metro-219K
Oklahoma City, OK 73179
3 bedrooms 2 bathrooms 2026 year built
3 bdrm / 2 bath - Built in 2026
Square Feet1,099
Initial Market Value$219,900
Purchase Price$219,900
Downpayment$54,975
Loan Origination Fees$0
Depreciable Closing Costs$10,995
Other Costs and Fixup$0
Approximate Cash Invested$65,970
Cost per Square Foot$200
Monthly Rent per Square Foot$1.43
Projected IncomeMonthlyAnnual
Projected Rent$1,575$18,900
Vacancy Losses($126)($1,512)
Operating Income$1,449$17,388
Estimated ExpensesMonthlyAnnual
Property Taxes($220)($2,639)
Insurance($73)($880)
Management Fees$0$0
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($32)($378)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($325)($3,896)
Net PerformanceMonthlyAnnual
Net Operating Income$1,124$13,492
- Mortgage Payments($976)($11,707)
= Cash Flow$149$1,785
+ Principal Reduction$173$2,073
+ First-Year Appreciation$1,100$13,194
= Gross Equity Income$1,421$17,051
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$164,925$0
Monthly Payment$975.59$0.00
Loan TypeAmortizing Fixed
Term30 Years
Interest Rate5.875%0.000%
Monthly PMI$0
Financial Indicators
Rent-to-Value Ratio™ (RV Ratio™)0.7%
Debt Coverage Ratio1.15
Annual Gross Rent Multiplier12
Capitalization Rate6.1%
Cash on Cash Return3%
Return on Investment26%
+ 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.