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$4,161 (target)

16008 Ledge Ln, Edmond, OK 73013

3 beds • 2 baths • 2264 sqft

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This property might be a fair Mid-Term investment with a projected 3.41% first-year return on $98,850 initial cash invested.

3.41%

Cash On Cash

7.5%

Cap Rate

1.23

DSCR

$4,161

Rent

$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,161 income − $3,880 expenses = $281 cash flow

Income$4,161Mortgage P&I$1,95947%Property Taxes$3278%Insurance$1383%HOA$421%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45811%Cash Flow$281

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,161

Total Expenses

$3,880

Mortgage P&I

47%

$1,959

Property Taxes

8%

$327

Home Insurance

3%

$138

HOA

1%

$42

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$458

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