REI Lense

REI Lense

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$1,350 (target)

1733 W Thompson Ave, Enid, OK 73703

3 beds • 2 baths • 1370 sqft

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This property might be a fair Long-Term investment with a projected 1% first-year return on $31,227 initial cash invested.

1%

Cash On Cash

7.31%

Cap Rate

1.12

DSCR

$1,350

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,350 income − $1,324 expenses = $26 cash flow

Income$1,350Mortgage P&I$81260%Property Taxes$1078%Insurance$534%Management$13510%CapEx$685%Vacancy$816%Maintenance$685%Cash Flow$26

Investment Breakdown

|

Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,227

Downpayment

20%

$29,740

Closing costs

1%

$1,487

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,350

Total Expenses

$1,324

Mortgage P&I

60%

$812

Property Taxes

8%

$107

Home Insurance

4%

$53

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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