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$3,038 (target)

1704 Estates Dr, Grove, OK 74344

3 beds • 2 baths • 1969 sqft

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This property might be a fair Mid-Term investment with a projected 4.32% first-year return on $79,908 initial cash invested.

4.32%

Cash On Cash

7.67%

Cap Rate

1.28

DSCR

$3,038

Rent

$288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,038 income − $2,750 expenses = $288 cash flow

Income$3,038Mortgage P&I$1,47449%Property Taxes$1324%Insurance$1104%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33411%Cash Flow$288

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,908

Downpayment

20%

$58,960

Closing costs

1%

$2,948

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,038

Total Expenses

$2,750

Mortgage P&I

49%

$1,474

Property Taxes

4%

$132

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$334

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