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$2,025 (target)

1704 Estates Dr, Grove, OK 74344

3 beds • 2 baths • 1969 sqft

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This property looks like a bad Long-Term investment with a projected -4.21% first-year return on $61,908 initial cash invested.

-4.21%

Cash On Cash

5.53%

Cap Rate

0.92

DSCR

$2,025

Rent

-$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,025 income − $2,242 expenses = $217 out of pocket

Income$2,025Out of Pocket$217Mortgage P&I$1,47473%Property Taxes$1327%Insurance$1105%Management$20210%CapEx$1015%Vacancy$1226%Maintenance$1015%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,908

Downpayment

20%

$58,960

Closing costs

1%

$2,948

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,025

Total Expenses

$2,242

Mortgage P&I

73%

$1,474

Property Taxes

7%

$132

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$122

Maintenance

5%

$101

Other

0%

$0

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