REI Lense

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$2,356 (target)

1001 Buckingham, Newcastle, OK 73065

3 beds • 2 baths • 1618 sqft

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This property looks like a bad Mid-Term investment with a projected -1.96% first-year return on $75,183 initial cash invested.

-1.96%

Cash On Cash

6.28%

Cap Rate

0.98

DSCR

$2,356

Rent

-$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,356 income − $2,479 expenses = $123 out of pocket

Income$2,356Out of Pocket$123Mortgage P&I$1,45362%Property Taxes$1275%Insurance$984%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,183

Downpayment

20%

$54,460

Closing costs

1%

$2,723

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,356

Total Expenses

$2,479

Mortgage P&I

62%

$1,453

Property Taxes

5%

$127

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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