REI Lense

REI Lense

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$2,249 (target)

1625 NW 31st St, Oklahoma City, OK 73118

3 beds • 2 baths • 1881 sqft

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This property might be a fair Long-Term investment with a projected 3.79% first-year return on $47,208 initial cash invested.

3.79%

Cash On Cash

7.86%

Cap Rate

1.22

DSCR

$2,249

Rent

$149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,249 income − $2,100 expenses = $149 cash flow

Income$2,249Mortgage P&I$1,21254%Property Taxes$22410%Insurance$804%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%Cash Flow$149

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,208

Downpayment

20%

$44,960

Closing costs

1%

$2,248

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,249

Total Expenses

$2,100

Mortgage P&I

54%

$1,212

Property Taxes

10%

$224

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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