REI Lense

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$1,906 (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 Mid-Term investment with a projected 8.38% first-year return on $47,820 initial cash invested.

8.38%

Cash On Cash

9.81%

Cap Rate

1.55

DSCR

$1,906

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,906 income − $1,572 expenses = $334 cash flow

Income$1,906Mortgage P&I$75139%Property Taxes$1236%Insurance$503%Management$22912%CapEx$764%Vacancy$573%Maintenance$764%Other$21011%Cash Flow$334

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,820

Downpayment

20%

$28,400

Closing costs

1%

$1,420

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,906

Total Expenses

$1,572

Mortgage P&I

39%

$751

Property Taxes

6%

$123

Home Insurance

3%

$50

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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