REI Lense

REI Lense

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$1,872 (target)

1945 Rulane Dr, Midwest City, OK 73110

3 beds • 2 baths • 1224 sqft

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This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $52,293 initial cash invested.

4.02%

Cash On Cash

8.22%

Cap Rate

1.29

DSCR

$1,872

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$163k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,293

Downpayment

20%

$32,660

Closing costs

1%

$1,633

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,872

Total Expenses

$1,697

Mortgage P&I

46%

$868

Property Taxes

7%

$134

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$225

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$206

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