REI Lense

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$2,392 (target)

13124 Lakeroad Dr, McLoud, OK 74851

3 beds • 2 baths • 1397 sqft

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This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $69,093 initial cash invested.

0.92%

Cash On Cash

7.23%

Cap Rate

1.11

DSCR

$2,392

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,392 income − $2,339 expenses = $53 cash flow

Income$2,392Mortgage P&I$1,31755%Property Taxes$1034%Insurance$884%HOA$171%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$53

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,093

Downpayment

20%

$48,660

Closing costs

1%

$2,433

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,392

Total Expenses

$2,339

Mortgage P&I

55%

$1,317

Property Taxes

4%

$103

Home Insurance

4%

$88

HOA

1%

$17

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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