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$2,426 (target)

4069 E State Highway 31, McAlester, OK 74501

3 beds • 3 baths • 2069 sqft

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This property looks like a bad Mid-Term investment with a projected -21.46% first-year return on $223k initial cash invested.

-21.46%

Cash On Cash

1.49%

Cap Rate

0.24

DSCR

$2,426

Rent

-$3,983

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $6,409 expenses = $3,983 out of pocket

Income$2,426Out of Pocket$3,983Mortgage P&I$5,100210%Property Taxes$1436%Insurance$34114%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%

Investment Breakdown

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Purchase Price

$975k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$223k

Downpayment

20%

$195k

Closing costs

1%

$9,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$6,409

Mortgage P&I

210%

$5,100

Property Taxes

6%

$143

Home Insurance

14%

$341

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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