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$2,512 (target)

3109 W Cherokee Ave, Enid, OK 73703

3 beds • 2 baths • 1887 sqft

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This property could be a profitable Mid-Term investment with a projected 11.58% first-year return on $53,700 initial cash invested.

11.58%

Cash On Cash

10.76%

Cap Rate

1.68

DSCR

$2,512

Rent

$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,512 income − $1,994 expenses = $518 cash flow

Income$2,512Mortgage P&I$90736%Property Taxes$1747%Insurance$612%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$518

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,512

Total Expenses

$1,994

Mortgage P&I

36%

$907

Property Taxes

7%

$174

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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