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$3,136 (target)

5 Nightengale Ln, Ponca City, OK 74604

3 beds • 3 baths • 2307 sqft

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This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $80,790 initial cash invested.

3.88%

Cash On Cash

7.58%

Cap Rate

1.26

DSCR

$3,136

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,136 income − $2,875 expenses = $261 cash flow

Income$3,136Mortgage P&I$1,50248%Property Taxes$2036%Insurance$1053%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%Cash Flow$261

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,136

Total Expenses

$2,875

Mortgage P&I

48%

$1,502

Property Taxes

6%

$203

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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