REI Lense

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$2,494 (target)

1821 NE 31st St, Moore, OK 73160

3 beds • 2 baths • 1492 sqft

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This property might be a fair Mid-Term investment with a projected 2.1% first-year return on $67,539 initial cash invested.

2.1%

Cash On Cash

7.54%

Cap Rate

1.17

DSCR

$2,494

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,494 income − $2,376 expenses = $118 cash flow

Income$2,494Mortgage P&I$1,26551%Property Taxes$1807%Insurance$833%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$118

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,539

Downpayment

20%

$47,180

Closing costs

1%

$2,359

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,494

Total Expenses

$2,376

Mortgage P&I

51%

$1,265

Property Taxes

7%

$180

Home Insurance

3%

$83

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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