REI Lense

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$1,780 (target)

1821 W Cedar Ridge Dr, Mustang, OK 73064

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Long-Term investment with a projected -11.33% first-year return on $64,701 initial cash invested.

-11.33%

Cash On Cash

4.36%

Cap Rate

0.68

DSCR

$1,780

Rent

-$611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,780 income − $2,391 expenses = $611 out of pocket

Income$1,780Out of Pocket$611Mortgage P&I$1,64292%Property Taxes$17610%Insurance$1106%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,701

Downpayment

20%

$61,620

Closing costs

1%

$3,081

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,780

Total Expenses

$2,391

Mortgage P&I

92%

$1,642

Property Taxes

10%

$176

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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