New Construction Duplex Sold by the Oklahoma City Property Team for $432k
Property Type:
New Construction
Purchase Price: $432,500
Gross Rent: $3,000
Cap Rate (year 1): 6.7
Cash Flow (year 1): $4,248
| Loan type | 75% LTV 30-year @ 6.625% with 2 Pts |
|---|---|
| Purchase Price: | $432,500 |
| Down payment: | $108,125 |
| Purchase cost: | $10,813 |
| Total cash invested: | $118,938 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $3,000 |
| Principal & interest: | $2,077 |
| Taxes: | $451 |
| HOA: | n/a |
| Insurance: | $119 |
| Property management: | n/a |
| Total monthly cost: | $2,646 |
| Monthly cashflow (year 1): | $354 |
| annual cashflow: | $4,248 |
