1225 NW 40th St.

OKC, OK 73013
Fidelity Real Estate Brokers

$ 24,932

First Year Cash Flow

6.43%

Cap Rate

6.08%

Cash on Cash

$ 410,000

Purchase Price

$ 3,600 /mo.

Rental Income

Key Details

Bedrooms:

4

Bathrooms:

5

Garage:

0

Property Tax:

$ 420 /mo.

HOA:

$ 0 /mo.

Insurance:

$ 208 /mo.

Leasing Fee:

$ 140 /mo.

Area:

2,860 sq.ft.

Year built:

2018

Property's Benchmark Indicators *

$ 143

Price/Square feet

$ 1.26

Rent/Square feet

$ 0.73

C.F./Square feet

Financing Overview

Purchase Price $ 410,000
Down Payment 25%
Down Payment Amount $ 102,500
Interest Rate 5.25%
Mortgage Years 30 years
Mortgage Payment $ 1698.03
Improvements & Fees* $ 0
Closing & Mortgage Costs* $ 4,300
Cash Outlay $ 106,800

*Improvements & Fees

*Closing & Mortgage Costs

Cash Outlay

Income, Expenses and Cash Flow (Year 1)

Gross Operating Income (GOI) $ 41,040
Total Expenses $ 14,410
Net Operating Income (NOI) $ 26,630
Annual Debt Service $ 1,698
Total Cash Flow $ 24,932
Cash ROI 6.02%

Gross Operating Income

Net Operating Income

Cash ROI

Annual Debt Service

Financial Analysis

Cash on Cash Return 6.08%
Capitalization Rate 6.43%
Gross Rent Multiplier 10.54
Operating Expense Ratio 35.11%

Cash on Cash Return

Cap Rate

Gross Rent Multiplier

Operating Expense Ratio

Investment's Operation Effectiveness *

35.11%

Operating Expense Ratio

64.89%

Net Operating Income Ratio

Annual Property Operating Data

Total Gross Income $ 43,200
Vacancy Loss 5.00% $ 2,160
Gross Operating Income (GOI) $ 41,040
Expenses in USD % of GOI
Property Taxes $ 5,040 12.28%
Insurance $ 2,496 6.08%
Maintenance & Repairs $ 1,500 3.65%
Variable Cost PM $ 3,694 9.00%
Leasing Fee $ 1,680 4.09%
HOA Fees $ 0 0.00%
Total Expenses $ 14,410 35.11%

Financial Measures

Cash on Cash Return 6.08%
Capitalization Rate 6.43%
Gross Rent Multiplier 10.54
Operating Expense Ratio 35.11%

Cash on Cash Return

Cap Rate

Gross Rent Multiplier

Operating Expense Ratio

Investment Return Ratios

Cash on Cash Return 6.08%
Capitalization Rate 6.43%
Gross Rent Multiplier 10.54
Operating Expense Ratio 35.11%

Cash on Cash Return

Cap Rate

Gross Rent Multiplier

Operating Expense Ratio

* Disclaimer: This tool is provided "As Is". All information is believed to be accurate, but not guaranteed. It is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute any legal, accounting, investment, real estate, tax or other professional advice, consultation or service. The author of this tool is not responsible nor liable for any damages arising from the use of the tool.