REI Lense

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$2,554 (target)

12412 Jersey Rd, Midwest City, OK 73130

3 beds • 2 baths • 1647 sqft

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This property might be a fair Mid-Term investment with a projected 5.59% first-year return on $65,229 initial cash invested.

5.59%

Cash On Cash

8.38%

Cap Rate

1.35

DSCR

$2,554

Rent

$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,554 income − $2,250 expenses = $304 cash flow

Income$2,554Mortgage P&I$1,16446%Property Taxes$1104%Insurance$793%HOA$291%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$304

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,554

Total Expenses

$2,250

Mortgage P&I

46%

$1,164

Property Taxes

4%

$110

Home Insurance

3%

$79

HOA

1%

$29

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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