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$1,899 (target)

2900 N 6th St, McAlester, OK 74501

3 beds • 2 baths • 1568 sqft

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This property could be a profitable Mid-Term investment with a projected 20.02% first-year return on $38,790 initial cash invested.

20.02%

Cash On Cash

15.03%

Cap Rate

2.4

DSCR

$1,899

Rent

$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,899 income − $1,252 expenses = $647 cash flow

Income$1,899Mortgage P&I$51727%Property Taxes$543%Insurance$352%Management$22812%CapEx$764%Vacancy$573%Maintenance$764%Other$20911%Cash Flow$647

Investment Breakdown

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Purchase Price

$99,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,790

Downpayment

20%

$19,800

Closing costs

1%

$990

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$1,899

Total Expenses

$1,252

Mortgage P&I

27%

$517

Property Taxes

3%

$54

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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