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$2,480 (target)

905 Kentucky Derby Dr, Sallisaw, OK 74955

3 beds • 2 baths • 1716 sqft

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This property might be a fair Mid-Term investment with a projected 3.59% first-year return on $66,825 initial cash invested.

3.59%

Cash On Cash

7.75%

Cap Rate

1.25

DSCR

$2,480

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,480 income − $2,280 expenses = $200 cash flow

Income$2,480Mortgage P&I$1,20349%Property Taxes$1506%Insurance$843%Management$29812%CapEx$994%Vacancy$743%Maintenance$994%Other$27311%Cash Flow$200

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,825

Downpayment

20%

$46,500

Closing costs

1%

$2,325

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,480

Total Expenses

$2,280

Mortgage P&I

49%

$1,203

Property Taxes

6%

$150

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$273

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