Redford 2H Plan, Fox Lair Estates,Edmond,OK,73025

Investment Highlights

Rental property for sale in Edmond at Redford 2H Plan, Fox Lair Estates, Edmond, OK, 73025 priced at $586,000 converts $4,417/mo rent into $675/mo cash flow after a $2,868/mo obligation. Total monthly income equals $4,417/mo, and annual cash flow totals $8,099/yr on $192,794 invested. Return on cash invested prints 24.26% in year one, and rental yield reads 9.05% against a $586,000 entry. Equity gained on principal adds $3,781/yr, while 5% annual appreciation compiles into $161,901 by year five. Five-year ROI reaches 126.41% and total cumulative return in cash sums $243,704. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,417/mo property income covering a $2,868/mo payment, not borrower’s personal income.