REI Lense

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$5,602 (target)

17021 Holly Burn Cir, Edmond, OK 73012

3 beds • 4 baths • 3200 sqft

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This property might be a fair Mid-Term investment with a projected 2.26% first-year return on $131k initial cash invested.

2.26%

Cash On Cash

7.17%

Cap Rate

1.17

DSCR

$5,602

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,602 income − $5,356 expenses = $246 cash flow

Income$5,602Mortgage P&I$2,73749%Property Taxes$4758%Insurance$1923%HOA$481%Management$67212%CapEx$2244%Vacancy$1683%Maintenance$2244%Other$61611%Cash Flow$246

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,364

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,602

Total Expenses

$5,356

Mortgage P&I

49%

$2,737

Property Taxes

8%

$475

Home Insurance

3%

$192

HOA

1%

$48

Property Management

12%

$672

CapEx

4%

$224

Vacancy

3%

$168

Maintenance

4%

$224

Other

11%

$616

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