REI Lense

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$1,699 (target)

1927 Cedar St, Ponca City, OK 74604

3 beds • 2 baths • 1848 sqft

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This property might be a fair Long-Term investment with a projected 8.91% first-year return on $34,608 initial cash invested.

8.91%

Cash On Cash

8.96%

Cap Rate

1.39

DSCR

$1,699

Rent

$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,699 income − $1,442 expenses = $257 cash flow

Income$1,699Mortgage P&I$88852%Property Taxes$604%Insurance$523%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$257

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,608

Downpayment

20%

$32,960

Closing costs

1%

$1,648

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,699

Total Expenses

$1,442

Mortgage P&I

52%

$888

Property Taxes

4%

$60

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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