REI Lense

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$2,025 (target)

1733 W Thompson Ave, Enid, OK 73703

3 beds • 2 baths • 1370 sqft

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This property might be a fair Mid-Term investment with a projected 8.87% first-year return on $49,227 initial cash invested.

8.87%

Cash On Cash

10.14%

Cap Rate

1.55

DSCR

$2,025

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,025 income − $1,661 expenses = $364 cash flow

Income$2,025Mortgage P&I$81240%Property Taxes$1075%Insurance$533%Management$24312%CapEx$814%Vacancy$613%Maintenance$814%Other$22311%Cash Flow$364

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,227

Downpayment

20%

$29,740

Closing costs

1%

$1,487

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,025

Total Expenses

$1,661

Mortgage P&I

40%

$812

Property Taxes

5%

$107

Home Insurance

3%

$53

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$223

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