REI Lense

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$4,095 (target)

100 Hanover Dr, Edmond, OK 73034

3 beds • 4 baths • 3020 sqft

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This property looks like a bad Mid-Term investment with a projected -4.29% first-year return on $125k initial cash invested.

-4.29%

Cash On Cash

5.47%

Cap Rate

0.89

DSCR

$4,095

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,095 income − $4,540 expenses = $445 out of pocket

Income$4,095Out of Pocket$445Mortgage P&I$2,59563%Property Taxes$3589%Insurance$1824%HOA$13Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%

Investment Breakdown

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Purchase Price

$507k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$101k

Closing costs

1%

$5,073

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,095

Total Expenses

$4,540

Mortgage P&I

63%

$2,595

Property Taxes

9%

$358

Home Insurance

4%

$182

HOA

0%

$13

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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