REI Lense

REI Lense

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$1,940 (target)

1075 Wildfire Dr, Norman, OK 73026

3 beds • 3 baths • 2212 sqft

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This property looks like a bad Long-Term investment with a projected -1.9% first-year return on $52,521 initial cash invested.

-1.9%

Cash On Cash

6.26%

Cap Rate

1.01

DSCR

$1,940

Rent

-$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,521

Downpayment

20%

$50,020

Closing costs

1%

$2,501

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,940

Total Expenses

$2,023

Mortgage P&I

67%

$1,291

Property Taxes

6%

$115

Home Insurance

3%

$63

HOA

3%

$50

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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