12900 Carrie

Oklahoma City, OK 73120
Fidelity Real Estate Brokers

$ 15,756

First Year Cash Flow

6.75%

Cap Rate

6.43%

Cash on Cash

$ 245,000

Purchase Price

$ 2,290 /mo.

Rental Income

Key Details

Bedrooms:

6

Bathrooms:

5

Garage:

4

Property Tax:

$ 189 /mo.

HOA:

$ 0 /mo.

Insurance:

$ 200 /mo.

Leasing Fee:

$ 89 /mo.

Area:

2,954 sq.ft.

Year built:

1994

Property's Benchmark Indicators *

$ 83

Price/Square feet

$ 0.78

Rent/Square feet

$ 0.44

C.F./Square feet

Financing Overview

Purchase Price $ 245,000
Down Payment 25%
Down Payment Amount $ 61,250
Interest Rate 5.25%
Mortgage Years 30 years
Mortgage Payment $ 1014.67
Improvements & Fees* $ 500
Closing & Mortgage Costs* $ 2,850
Cash Outlay $ 64,600

*Improvements & Fees

*Closing & Mortgage Costs

Cash Outlay

Income, Expenses and Cash Flow (Year 1)

Gross Operating Income (GOI) $ 26,381
Total Expenses $ 9,610
Net Operating Income (NOI) $ 16,771
Annual Debt Service $ 1,015
Total Cash Flow $ 15,756
Cash ROI 6.34%

Gross Operating Income

Net Operating Income

Cash ROI

Annual Debt Service

Financial Analysis

Cash on Cash Return 6.43%
Capitalization Rate 6.75%
Gross Rent Multiplier 11.22
Operating Expense Ratio 36.43%

Cash on Cash Return

Cap Rate

Gross Rent Multiplier

Operating Expense Ratio

Investment's Operation Effectiveness *

36.43%

Operating Expense Ratio

63.57%

Net Operating Income Ratio

Annual Property Operating Data

Total Gross Income $ 27,480
Vacancy Loss 4.00% $ 1,099
Gross Operating Income (GOI) $ 26,381
Expenses in USD % of GOI
Property Taxes $ 2,268 8.60%
Insurance $ 2,400 9.10%
Maintenance & Repairs $ 1,500 5.69%
Variable Cost PM $ 2,374 9.00%
Leasing Fee $ 1,068 4.05%
HOA Fees $ 0 0.00%
Total Expenses $ 9,610 36.43%

Financial Measures

Cash on Cash Return 6.43%
Capitalization Rate 6.75%
Gross Rent Multiplier 11.22
Operating Expense Ratio 36.43%

Cash on Cash Return

Cap Rate

Gross Rent Multiplier

Operating Expense Ratio

Investment Return Ratios

Cash on Cash Return 6.43%
Capitalization Rate 6.75%
Gross Rent Multiplier 11.22
Operating Expense Ratio 36.43%

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.