New Construction SFR Sold by the Oklahoma City Property Team for $248k

New Construction Single Family Rental sold by the Oklahoma City property team for 244K.

Property Type:

New Construction
Purchase Price: $248,900
Gross Rent: $1,740
Estimated Cap Rate (year 1): 6.9
Estimated Cash Flow (year 1): $2,521
3
2
1,200 SQ. FT
Loan type? 75% LTV 30-year @ 6.875% with 2 Pts
?Purchase Price:$248,900
Down payment:$62,225
?Purchase cost:$3,734
?Total cash invested:$65,959
?Estimated cash flow (year 1)
?Gross rent:$1,740
?Principal & interest:$1,226
Taxes:$228
HOA:n/a
Insurance:$76
Property management:$0
Total monthly cost:$1,530
?Monthly cashflow (year 1):$210
?annual cashflow:$2,521

Buy & Hold Projections

All figures are estimates and are not guaranteed.

?Appreciation:
6%		?Income Increase:
4%		?Expense Increase:
2%		?Selling Costs:
6%
Cash Flow & EquityYear 1Year 5Year 10Year 30
?Cash flow:$2,521$3,813$8,271$38,722
?Total equity:$79,101$157,601$286,026$1,429,555
Investment returnsYear 1Year 5Year 10Year 30
?Cap Rate (Purchase Price):7%7%9%22%
?Cash on Cash Return:4%6%13%59%
?Return on Equity:3%2%3%3%
?Internal Rate of Return (IRR):0%19%18%15%
?Return on Investment:0%131%364%2,683%

Protected content

You need to be logged in to view this content. Please choose from the options below to view the entire Proforma.

Start typing and press enter to search

Scroll to Top