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$1,386 (target)

820 E Polk Ave, McAlester, OK 74501

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -1.4% first-year return on $36,099 initial cash invested.

-1.4%

Cash On Cash

6.56%

Cap Rate

1.03

DSCR

$1,386

Rent

-$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,386 income − $1,428 expenses = $42 out of pocket

Income$1,386Out of Pocket$42Mortgage P&I$91366%Property Taxes$957%Insurance$604%Management$13910%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

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Purchase Price

$172k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,099

Downpayment

20%

$34,380

Closing costs

1%

$1,719

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,386

Total Expenses

$1,428

Mortgage P&I

66%

$913

Property Taxes

7%

$95

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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