REI Lense

REI Lense

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$1,564 (target)

12654 County Road 3580, Ada, OK 74820

3 beds • 2 baths • 2648 sqft

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This property looks like a bad Long-Term investment with a projected -18% first-year return on $62,790 initial cash invested.

-18%

Cash On Cash

2.87%

Cap Rate

0.45

DSCR

$1,564

Rent

-$942

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,564 income − $2,506 expenses = $942 out of pocket

Income$1,564Out of Pocket$942Mortgage P&I$1,578101%Property Taxes$41727%Insurance$1057%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,564

Total Expenses

$2,506

Mortgage P&I

101%

$1,578

Property Taxes

27%

$417

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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