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$1,653 (target)

905 Kentucky Derby Dr, Sallisaw, OK 74955

3 beds • 2 baths • 1716 sqft

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This property looks like a bad Long-Term investment with a projected -5.26% first-year return on $48,825 initial cash invested.

-5.26%

Cash On Cash

5.53%

Cap Rate

0.89

DSCR

$1,653

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,653 income − $1,867 expenses = $214 out of pocket

Income$1,653Out of Pocket$214Mortgage P&I$1,20373%Property Taxes$1509%Insurance$845%Management$16510%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,825

Downpayment

20%

$46,500

Closing costs

1%

$2,325

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,653

Total Expenses

$1,867

Mortgage P&I

73%

$1,203

Property Taxes

9%

$150

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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