REI Lense

REI Lense

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$1,271 (target)

1029 Oak Hill Dr, Midwest City, OK 73110

3 beds • 2 baths • 1416 sqft

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This property might be a fair Long-Term investment with a projected 0.64% first-year return on $29,820 initial cash invested.

0.64%

Cash On Cash

7.02%

Cap Rate

1.11

DSCR

$1,271

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,271 income − $1,255 expenses = $16 cash flow

Income$1,271Mortgage P&I$75159%Property Taxes$12310%Insurance$504%Management$12710%CapEx$645%Vacancy$766%Maintenance$645%Cash Flow$16

Investment Breakdown

|

Purchase Price

$142k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,820

Downpayment

20%

$28,400

Closing costs

1%

$1,420

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,271

Total Expenses

$1,255

Mortgage P&I

59%

$751

Property Taxes

10%

$123

Home Insurance

4%

$50

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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