REI Lense

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$3,393 (target)

1030 S Sycamore Dr, Grove, OK 74344

3 beds • 2 baths • 2694 sqft

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This property looks like a bad Mid-Term investment with a projected -1.72% first-year return on $99,312 initial cash invested.

-1.72%

Cash On Cash

6.33%

Cap Rate

1

DSCR

$3,393

Rent

-$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,393 income − $3,535 expenses = $142 out of pocket

Income$3,393Out of Pocket$142Mortgage P&I$2,04760%Property Taxes$1946%Insurance$1404%Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,312

Downpayment

20%

$77,440

Closing costs

1%

$3,872

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,393

Total Expenses

$3,535

Mortgage P&I

60%

$2,047

Property Taxes

6%

$194

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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