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140 Reed Ave, Norman, OK 73071

3 beds • 2 baths • 1391 sqft

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This property looks like a bad Long-Term investment with a projected -2.8% first-year return on $39,039 initial cash invested.

-2.8%

Cash On Cash

6.2%

Cap Rate

0.98

DSCR

$1,470

Rent

-$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,039

Downpayment

20%

$37,180

Closing costs

1%

$1,859

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,470

Total Expenses

$1,561

Mortgage P&I

66%

$977

Property Taxes

9%

$136

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

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SQFT

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2

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$2,850

5

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