REI Lense

REI Lense

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$1,422 (target)

10473 NW Four Mile Rd, Lawton, OK 73507

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -9.48% first-year return on $46,200 initial cash invested.

-9.48%

Cash On Cash

4.95%

Cap Rate

0.76

DSCR

$1,422

Rent

-$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,422 income − $1,787 expenses = $365 out of pocket

Income$1,422Out of Pocket$365Mortgage P&I$1,20184%Property Taxes$14010%Insurance$775%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,422

Total Expenses

$1,787

Mortgage P&I

84%

$1,201

Property Taxes

10%

$140

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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