New Construction SFR Sold by the Oklahoma City Property Team for $241k
Property Type:
New Construction
Purchase Price: $241,500
Gross Rent: $1,740
Cap Rate (year 1): 7.1
Cash Flow (year 1): $4,107
| Loan type | 75% LTV 30-year @ 5.990% with 2 Pts |
|---|---|
| Purchase Price: | $241,500 |
| Down payment: | $60,375 |
| Purchase cost: | $8,453 |
| Total cash invested: | $68,828 |
| Estimated cash flow (year 1) | |
|---|---|
| Gross rent: | $1,740 |
| Principal & interest: | $1,085 |
| Taxes: | $221 |
| HOA: | n/a |
| Insurance: | $92 |
| Property management: | $0 |
| Total monthly cost: | $1,398 |
| Monthly cashflow (year 1): | $342 |
| annual cashflow: | $4,107 |
