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$2,694 (target)

513 S Highway 76, Newcastle, OK 73065

3 beds • 2 baths • 1894 sqft

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This property looks like a bad Mid-Term investment with a projected -6.12% first-year return on $88,287 initial cash invested.

-6.12%

Cash On Cash

5.18%

Cap Rate

0.81

DSCR

$2,694

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $3,144 expenses = $450 out of pocket

Income$2,694Out of Pocket$450Mortgage P&I$1,78666%Property Taxes$32812%Insurance$1144%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,287

Downpayment

20%

$66,940

Closing costs

1%

$3,347

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$3,144

Mortgage P&I

66%

$1,786

Property Taxes

12%

$328

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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