Yearly Income= $21492 (Based on 90% occupancy at $995 per side)
Yearly Expenses= $16863 (Includes Principal & Interest, Property Management, Taxes, Insurance, and Maintenance/Repairs)
Yearly Cash Flow Per Unit= $4629
This is over an 11.5% return before depreciation. We also estimate that these properties will appreciate at a rate of 2% per year.
We have BELOW MARKET FINANCING AVAILABLE with 20% down.
Rausch Coleman homes is one of the largest builders in the country building more than 700 homes per year. They have been constructed energy efficient features to maximize the amenities for the tenants.
This is an excellent investment opportunity to purchase multiple investment properties in the same neighborhood. Currently there are 10 duplexs that have been recently completed. There will be a total of 48 units to be built out over the next 12 to 18 months. Currently a duplex can be purchased for $200,000. They are located in Broken Arrow, OK. Which was recently named the second fastest growing city in Oklahoma. They are also located just minutes from convienent highway access.