Updated 9 months ago on . Most recent reply
OKC Investor - Cash-on-cash Deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $142,000
Cash invested: $12,500
We were able to RTO this home at a purchase price of $184,000 at a monthly rate of $1,850. The net income is $479/month. Annual cash on cash return is 45.9% to the investor.
