REI Lense

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$2,216 (target)

11458 E 6th St, Tulsa, OK 74128

3 beds • 2 baths • 1334 sqft

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This property might be a fair Mid-Term investment with a projected 8.54% first-year return on $53,679 initial cash invested.

8.54%

Cash On Cash

9.94%

Cap Rate

1.5

DSCR

$2,216

Rent

$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,216 income − $1,834 expenses = $382 cash flow

Income$2,216Mortgage P&I$93642%Property Taxes$834%Insurance$613%Management$26612%CapEx$894%Vacancy$663%Maintenance$894%Other$24411%Cash Flow$382

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,216

Total Expenses

$1,834

Mortgage P&I

42%

$936

Property Taxes

4%

$83

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$266

CapEx

4%

$89

Vacancy

3%

$66

Maintenance

4%

$89

Other

11%

$244

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