REI Lense

REI Lense

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$2,960 (target)

1314 Glenwood Dr, Tuttle, OK 73089

3 beds • 3 baths • 3447 sqft

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This property looks like a bad Long-Term investment with a projected -19.91% first-year return on $149k initial cash invested.

-19.91%

Cash On Cash

2.55%

Cap Rate

0.39

DSCR

$2,960

Rent

-$2,468

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,960 income − $5,428 expenses = $2,468 out of pocket

Income$2,960Out of Pocket$2,468Mortgage P&I$3,823129%Property Taxes$54518%Insurance$2529%HOA$381%Management$29610%CapEx$1485%Vacancy$1786%Maintenance$1485%

Investment Breakdown

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Purchase Price

$709k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$142k

Closing costs

1%

$7,085

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,960

Total Expenses

$5,428

Mortgage P&I

129%

$3,823

Property Taxes

18%

$545

Home Insurance

9%

$252

HOA

1%

$38

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$178

Maintenance

5%

$148

Other

0%

$0

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