REI Lense

REI Lense

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$1,339 (target)

1702 Vine St, Norman, OK 73072

3 beds • 2 baths • 1051 sqft

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This property looks like a bad Long-Term investment with a projected -7.53% first-year return on $40,173 initial cash invested.

-7.53%

Cash On Cash

5.28%

Cap Rate

0.82

DSCR

$1,339

Rent

-$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,339 income − $1,591 expenses = $252 out of pocket

Income$1,339Out of Pocket$252Mortgage P&I$1,02677%Property Taxes$15111%Insurance$665%Management$13410%CapEx$675%Vacancy$806%Maintenance$675%

Investment Breakdown

|

Purchase Price

$191k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,173

Downpayment

20%

$38,260

Closing costs

1%

$1,913

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,339

Total Expenses

$1,591

Mortgage P&I

77%

$1,026

Property Taxes

11%

$151

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$134

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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