2213 NW 157th Terrace

Edmond, OK 73013
Fidelity Real Estate Brokers

$ 9,342

First Year Cash Flow

5.42%

Cap Rate

5.05%

Cash on Cash

$ 185,000

Purchase Price

$ 1,495 /mo.

Rental Income

Key Details

Bedrooms:

4

Bathrooms:

2

Garage:

3

Property Tax:

$ 198 /mo.

HOA:

$ 17 /mo.

Insurance:

$ 117 /mo.

Leasing Fee:

$ 58 /mo.

Area:

1,630 sq.ft.

Year built:

2006

Property's Benchmark Indicators *

$ 113

Price/Square feet

$ 0.92

Rent/Square feet

$ 0.48

C.F./Square feet

Financing Overview

Purchase Price $ 185,000
Down Payment 20%
Down Payment Amount $ 37,000
Interest Rate 5.25%
Mortgage Years 30 years
Mortgage Payment $ 817.26
Improvements & Fees* $ 500
Closing & Mortgage Costs* $ 2,050
Cash Outlay $ 39,550

*Improvements & Fees

*Closing & Mortgage Costs

Cash Outlay

Income, Expenses and Cash Flow (Year 1)

Gross Operating Income (GOI) $ 17,402
Total Expenses $ 7,242
Net Operating Income (NOI) $ 10,160
Annual Debt Service $ 817
Total Cash Flow $ 9,342
Cash ROI 4.98%

Gross Operating Income

Net Operating Income

Cash ROI

Annual Debt Service

Financial Analysis

Cash on Cash Return 5.05%
Capitalization Rate 5.42%
Gross Rent Multiplier 9.70
Operating Expense Ratio 41.62%

Cash on Cash Return

Cap Rate

Gross Rent Multiplier

Operating Expense Ratio

Investment's Operation Effectiveness *

41.62%

Operating Expense Ratio

58.38%

Net Operating Income Ratio

Annual Property Operating Data

Total Gross Income $ 17,940
Vacancy Loss 3.00% $ 538
Gross Operating Income (GOI) $ 17,402
Expenses in USD % of GOI
Property Taxes $ 2,376 13.65%
Insurance $ 1,404 8.07%
Maintenance & Repairs $ 996 5.72%
Variable Cost PM $ 1,566 9.00%
Leasing Fee $ 696 4.00%
HOA Fees $ 204 1.17%
Total Expenses $ 7,242 41.62%

Financial Measures

Cash on Cash Return 5.05%
Capitalization Rate 5.42%
Gross Rent Multiplier 9.70
Operating Expense Ratio 41.62%

Cash on Cash Return

Cap Rate

Gross Rent Multiplier

Operating Expense Ratio

Investment Return Ratios

Cash on Cash Return 5.05%
Capitalization Rate 5.42%
Gross Rent Multiplier 9.70
Operating Expense Ratio 41.62%

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.