REI Lense

REI Lense

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$2,151 (target)

13145 S Pine Ave, Claremore, OK 74017

3 beds • 2 baths • 1460 sqft

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This property might be a fair Mid-Term investment with a projected 8.09% first-year return on $54,750 initial cash invested.

8.09%

Cash On Cash

9.59%

Cap Rate

1.48

DSCR

$2,151

Rent

$369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,151 income − $1,782 expenses = $369 cash flow

Income$2,151Mortgage P&I$94344%Property Taxes$462%Insurance$613%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$369

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,151

Total Expenses

$1,782

Mortgage P&I

44%

$943

Property Taxes

2%

$46

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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