REI Lense

REI Lense

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$2,498 (target)

14409 Oxford Dr, Edmond, OK 73013

3 beds • 3 baths • 2601 sqft

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This property looks like a bad Long-Term investment with a projected -8.98% first-year return on $87,150 initial cash invested.

-8.98%

Cash On Cash

4.4%

Cap Rate

0.74

DSCR

$2,498

Rent

-$652

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $3,150 expenses = $652 out of pocket

Income$2,498Out of Pocket$652Mortgage P&I$2,05082%Property Taxes$29312%Insurance$1496%HOA$8Management$25010%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,150

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,498

Total Expenses

$3,150

Mortgage P&I

82%

$2,050

Property Taxes

12%

$293

Home Insurance

6%

$149

HOA

0%

$8

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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