Single-Family Rental Financing in Bristow, OK

Single-Family Rental investing in Bristow

Single-family rentals are the cleanest DSCR file you can write in Bristow. One unit, one lease, one Form 1007 market rent schedule, and the deepest set of sale and rent comps in the Creek County appraisal market. Detached stock also carries the longest average tenancies, which is what actually protects the ratio you close at.

At the Bristow median of $155,000, a single-family rental prices near $155,000. Minimum down is 20% ($31,000), leaving a loan of $124,000. Estimated all-in PITIA runs about $1,058 per month.

Returns and structure

Return metrics at the Bristow median for this product: an estimated cap rate of 6.48%, and monthly cash flow of $292 positive at 20% down. A file that cash-flows at the minimum down payment is the exception in Oklahoma right now, and it gives you room to absorb an insurance renewal without going to the reserve account.