REI Lense

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$1,462 (target)

14299 NE 5th St, Choctaw, OK 73020

3 beds • 2 baths • 1193 sqft

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This property looks like a bad Long-Term investment with a projected -6.66% first-year return on $42,147 initial cash invested.

-6.66%

Cash On Cash

5.52%

Cap Rate

0.85

DSCR

$1,462

Rent

-$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,462 income − $1,696 expenses = $234 out of pocket

Income$1,462Out of Pocket$234Mortgage P&I$1,08474%Property Taxes$16011%Insurance$725%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,147

Downpayment

20%

$40,140

Closing costs

1%

$2,007

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,462

Total Expenses

$1,696

Mortgage P&I

74%

$1,084

Property Taxes

11%

$160

Home Insurance

5%

$72

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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