REI Lense

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$2,008 (target)

1702 Vine St, Norman, OK 73072

3 beds • 2 baths • 1051 sqft

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This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $58,173 initial cash invested.

1.71%

Cash On Cash

7.46%

Cap Rate

1.16

DSCR

$2,008

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,008 income − $1,925 expenses = $83 cash flow

Income$2,008Mortgage P&I$1,02651%Property Taxes$1518%Insurance$663%Management$24112%CapEx$804%Vacancy$603%Maintenance$804%Other$22111%Cash Flow$83

Investment Breakdown

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Purchase Price

$191k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,173

Downpayment

20%

$38,260

Closing costs

1%

$1,913

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,008

Total Expenses

$1,925

Mortgage P&I

51%

$1,026

Property Taxes

8%

$151

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$241

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$221

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