REI Lense

REI Lense

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$1,734 (target)

1202 Sunset Ave, Enid, OK 73703

3 beds • 2 baths • 2210 sqft

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This property looks like a bad Long-Term investment with a projected -0.12% first-year return on $40,404 initial cash invested.

-0.12%

Cash On Cash

7.04%

Cap Rate

1.08

DSCR

$1,734

Rent

-$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,734 income − $1,738 expenses = $4 out of pocket

Income$1,734Out of Pocket$4Mortgage P&I$1,04660%Property Taxes$17110%Insurance$704%Management$17310%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,404

Downpayment

20%

$38,480

Closing costs

1%

$1,924

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,734

Total Expenses

$1,738

Mortgage P&I

60%

$1,046

Property Taxes

10%

$171

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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