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$2,540 (target)

1609 Monument Rd, Ponca City, OK 74604

3 beds • 2 baths • 2348 sqft

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This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $64,389 initial cash invested.

5.13%

Cash On Cash

8.52%

Cap Rate

1.32

DSCR

$2,540

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,540 income − $2,265 expenses = $275 cash flow

Income$2,540Mortgage P&I$1,19147%Property Taxes$1305%Insurance$803%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$27911%Cash Flow$275

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,389

Downpayment

20%

$44,180

Closing costs

1%

$2,209

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,540

Total Expenses

$2,265

Mortgage P&I

47%

$1,191

Property Taxes

5%

$130

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$279

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