New Construction SFR Sold by the Oklahoma City Property Team for $195k

New Construction Single Family Rental sold by the Oklahoma City Property team for 195k.

Property Type:

New Construction
Purchase Price: $195,000
Gross Rent: $1,495
Cap Rate (year 1): 7.6
Cash Flow (year 1): $4,132
3
2
1,110 SQ. FT
Loan type? 75% LTV 30-year @ 6.125% with 2 Pts
?Purchase Price:$195,000
Down payment:$48,750
?Purchase cost:$8,775
?Total cash invested:$57,525
?Estimated cash flow (year 1)
?Gross rent:$1,495
?Principal & interest:$889
Taxes:$195
HOA:n/a
Insurance:$67
Property management:$0
Total monthly cost:$1,151
?Monthly cashflow (year 1):$344
?annual cashflow:$4,132

Buy & Hold Projections

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$4,132$5,241$9,069$35,226
?Total equity:$62,204$124,653$226,419$1,119,981
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):8%8%10%24%
?Cash on Cash Return:7%9%16%61%
?Return on Equity:7%4%4%3%
?Internal Rate of Return (IRR):-6%20%19%16%
?Return on Investment:-6%129%362%2,567%

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