Fully Occupied Brand New Duplex in Edmond
Edmond, OK 73003
3 bedrooms 2.5 bathrooms 2025 year built
3BR, 2.5BA, Built in 2025
Square Feet1,414
Initial Market Value$550,000
Purchase Price$550,000
Downpayment$137,500
Loan Origination Fees$0
Depreciable Closing Costs$27,500
Other Costs and Fixup$0
Approximate Cash Invested$165,000
Cost per Square Foot$389
Monthly Rent per Square Foot$2.68
Projected IncomeMonthlyAnnual
Projected Rent$3,790$45,480
Vacancy Losses($303)($3,638)
Operating Income$3,487$41,842
Estimated ExpensesMonthlyAnnual
Property Taxes($550)($6,600)
Insurance($156)($1,870)
Management Fees$0$0
Leasing/Advertising Fees$0$0
Association Fees$0$0
Maintenance($76)($910)
Other (Utilities, Supplies, etc.)$0$0
Operating Expenses($782)($9,380)
Net PerformanceMonthlyAnnual
Net Operating Income$2,705$32,462
- Mortgage Payments($2,440)($29,281)
= Cash Flow$265$3,181
+ Principal Reduction$432$5,185
+ First-Year Appreciation$2,750$33,000
= Gross Equity Income$3,447$41,366
Mortgage InfoFirstSecond
Loan-to-Value Ratio75%0%
Loan Amount$412,500$0
Monthly Payment$2,440.09$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 Ratio1.11
Annual Gross Rent Multiplier12
Capitalization Rate5.9%
Cash on Cash Return2%
Return on Investment25%
+ Tax Benefits: Deductions, Depreciation, 1031 Exchange, etc.
Assumptions
Projected Appreciation Rate6%
Vacancy Rate8%
Management Fee0%
Maintenance Percentage2%
Comments
Brand-new 2025 build with 3 bedrooms and 2.5 baths — full of style, comfort, and modern charm. Enjoy all the perks of a new home without the hassle or upkeep.
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.