New Construction SFR Sold by the Oklahoma City Property Team for $210k
Property Type:
New Construction
Purchase Price: $210,000
Gross Rent: $1,550
Cap Rate (year 1): 7.3
Cash Flow (year 1): $3,065
| Loan type | 75% LTV 30-year @ 6.750% with 2 Pts |
|---|---|
| Purchase Price: | $210,000 |
| Down payment: | $52,500 |
| Purchase cost: | $7,350 |
| Total cash invested: | $59,850 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,550 |
| Principal & interest: | $1,022 |
| Taxes: | $193 |
| HOA: | n/a |
| Insurance: | $80 |
| Property management: | $0 |
| Total monthly cost: | $1,295 |
| Monthly cashflow (year 1): | $255 |
| annual cashflow: | $3,065 |
