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$4,326 (target)

3508 N Grant Dr, Newcastle, OK 73065

3 beds • 3 baths • 2473 sqft

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This property looks like a bad Mid-Term investment with a projected -7.43% first-year return on $150k initial cash invested.

-7.43%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$4,326

Rent

-$930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,326 income − $5,256 expenses = $930 out of pocket

Income$4,326Out of Pocket$930Mortgage P&I$3,14773%Property Taxes$41810%Insurance$2205%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47611%

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,300

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,326

Total Expenses

$5,256

Mortgage P&I

73%

$3,147

Property Taxes

10%

$418

Home Insurance

5%

$220

HOA

0%

$0

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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