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$2,540 (target)

11021 Larkin Ln, Midwest City, OK 73130

3 beds • 2 baths • 1605 sqft

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This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $72,012 initial cash invested.

0.28%

Cash On Cash

6.75%

Cap Rate

1.09

DSCR

$2,540

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,540 income − $2,523 expenses = $17 cash flow

Income$2,540Mortgage P&I$1,32752%Property Taxes$2128%Insurance$914%HOA$291%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$27911%Cash Flow$17

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,012

Downpayment

20%

$51,440

Closing costs

1%

$2,572

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,540

Total Expenses

$2,523

Mortgage P&I

52%

$1,327

Property Taxes

8%

$212

Home Insurance

4%

$91

HOA

1%

$29

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$279

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