REI Lense

REI Lense

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$1,663 (target)

1821 NE 31st St, Moore, OK 73160

3 beds • 2 baths • 1492 sqft

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This property looks like a bad Long-Term investment with a projected -7.19% first-year return on $49,539 initial cash invested.

-7.19%

Cash On Cash

5.35%

Cap Rate

0.83

DSCR

$1,663

Rent

-$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,663 income − $1,960 expenses = $297 out of pocket

Income$1,663Out of Pocket$297Mortgage P&I$1,26576%Property Taxes$18011%Insurance$835%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,663

Total Expenses

$1,960

Mortgage P&I

76%

$1,265

Property Taxes

11%

$180

Home Insurance

5%

$83

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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