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$1,994 (target)

2500 E Hartford Ave, Ponca City, OK 74604

3 beds • 2 baths • 1405 sqft

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This property could be a profitable Mid-Term investment with a projected 10.2% first-year return on $49,290 initial cash invested.

10.2%

Cash On Cash

10.55%

Cap Rate

1.62

DSCR

$1,994

Rent

$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,994 income − $1,575 expenses = $419 cash flow

Income$1,994Mortgage P&I$81141%Property Taxes$322%Insurance$543%Management$23912%CapEx$804%Vacancy$603%Maintenance$804%Other$21911%Cash Flow$419

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,994

Total Expenses

$1,575

Mortgage P&I

41%

$811

Property Taxes

2%

$32

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$239

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$219

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