REI Lense

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$2,163 (target)

1901 Ives Way, Choctaw, OK 73020

3 beds • 2 baths • 1755 sqft

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This property looks like a bad Mid-Term investment with a projected -5.26% first-year return on $81,000 initial cash invested.

-5.26%

Cash On Cash

5.02%

Cap Rate

0.82

DSCR

$2,163

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,163 income − $2,518 expenses = $355 out of pocket

Income$2,163Out of Pocket$355Mortgage P&I$1,52370%Property Taxes$1537%Insurance$1055%Management$26012%CapEx$874%Vacancy$653%Maintenance$874%Other$23811%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,163

Total Expenses

$2,518

Mortgage P&I

70%

$1,523

Property Taxes

7%

$153

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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