New Construction SFR Sold by the Oklahoma City Property Team for $219k
Property Type:
New Construction
Purchase Price: $219,900
Gross Rent: $1,575
Cap Rate (year 1): 7.0
Cash Flow (year 1): $3,371
| Loan type | 75% LTV 30-year @ 6.125% with 2 Pts |
|---|---|
| Purchase Price: | $219,900 |
| Down payment: | $54,975 |
| Purchase cost: | $7,697 |
| Total cash invested: | $62,672 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,575 |
| Principal & interest: | $1,002 |
| Taxes: | $220 |
| HOA: | n/a |
| Insurance: | $72 |
| Property management: | $0 |
| Total monthly cost: | $1,294 |
| Monthly cashflow (year 1): | $281 |
| annual cashflow: | $3,371 |
