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$4,166 (target)

1504 Turtlecreek Rd, Edmond, OK 73013

3 beds • 3 baths • 2877 sqft

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This property might be a fair Mid-Term investment with a projected 0.87% first-year return on $107k initial cash invested.

0.87%

Cash On Cash

6.88%

Cap Rate

1.11

DSCR

$4,166

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,166 income − $4,088 expenses = $78 cash flow

Income$4,166Mortgage P&I$2,19353%Property Taxes$3047%Insurance$1494%HOA$251%Management$50012%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$45811%Cash Flow$78

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,166

Total Expenses

$4,088

Mortgage P&I

53%

$2,193

Property Taxes

7%

$304

Home Insurance

4%

$149

HOA

1%

$25

Property Management

12%

$500

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$458

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