REI Lense

REI Lense

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$1,540 (target)

109 Brandon Ln, Poteau, OK 74953

3 beds • 2 baths • 2176 sqft

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This property looks like a bad Long-Term investment with a projected -10.5% first-year return on $54,390 initial cash invested.

-10.5%

Cash On Cash

4.44%

Cap Rate

0.71

DSCR

$1,540

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,540 income − $2,016 expenses = $476 out of pocket

Income$1,540Out of Pocket$476Mortgage P&I$1,35888%Property Taxes$16411%Insurance$946%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$2,016

Mortgage P&I

88%

$1,358

Property Taxes

11%

$164

Home Insurance

6%

$94

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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