REI Lense

REI Lense

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$1,511 (target)

109 S Greenleaf Dr, Enid, OK 73703

3 beds • 2 baths • 1447 sqft

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This property might be a fair Long-Term investment with a projected 3.84% first-year return on $32,529 initial cash invested.

3.84%

Cash On Cash

7.74%

Cap Rate

1.22

DSCR

$1,511

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,511 income − $1,407 expenses = $104 cash flow

Income$1,511Mortgage P&I$81954%Property Taxes$1389%Insurance$564%Management$15110%CapEx$765%Vacancy$916%Maintenance$765%Cash Flow$104

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,529

Downpayment

20%

$30,980

Closing costs

1%

$1,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,511

Total Expenses

$1,407

Mortgage P&I

54%

$819

Property Taxes

9%

$138

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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