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$4,026 (target)

3112 Pelican Way, Blanchard, OK 73010

3 beds • 2 baths • 2199 sqft

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This property could be a profitable Mid-Term investment with a projected 10.14% first-year return on $84,150 initial cash invested.

10.14%

Cash On Cash

9.46%

Cap Rate

1.54

DSCR

$4,026

Rent

$711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,026 income − $3,315 expenses = $711 cash flow

Income$4,026Mortgage P&I$1,61140%Property Taxes$1814%Insurance$1103%HOA$441%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%Cash Flow$711

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,026

Total Expenses

$3,315

Mortgage P&I

40%

$1,611

Property Taxes

5%

$181

Home Insurance

3%

$110

HOA

1%

$44

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

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