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$2,938 (target)

2459 Bussellridge Rd, Ardmore, OK 73401

3 beds • 2 baths • 2347 sqft

$1,090,000

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This property looks like a bad Mid-Term investment with a projected -20.05% first-year return on $247k initial cash invested.

-20.05%

Cash On Cash

1.7%

Cap Rate

0.28

DSCR

$2,938

Rent

-$4,125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $7,063 expenses = $4,125 out of pocket

Income$2,938Out of Pocket$4,125Mortgage P&I$5,548189%Property Taxes$1335%Insurance$38213%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32311%

Investment Breakdown

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Purchase Price

$1090k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$247k

Downpayment

20%

$218k

Closing costs

1%

$10,900

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$7,063

Mortgage P&I

189%

$5,548

Property Taxes

5%

$133

Home Insurance

13%

$382

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$323

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