REI Lense

REI Lense

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$2,916 (target)

21200 Reserve Cir, Harrah, OK 73045

3 beds • 3 baths • 2540 sqft

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This property looks like a bad Long-Term investment with a projected -13.59% first-year return on $118k initial cash invested.

-13.59%

Cash On Cash

3.39%

Cap Rate

0.57

DSCR

$2,916

Rent

-$1,332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,916 income − $4,248 expenses = $1,332 out of pocket

Income$2,916Out of Pocket$1,332Mortgage P&I$2,76695%Property Taxes$48517%Insurance$1967%HOA$421%Management$29210%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

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Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$112k

Closing costs

1%

$5,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,916

Total Expenses

$4,248

Mortgage P&I

95%

$2,766

Property Taxes

17%

$485

Home Insurance

7%

$196

HOA

1%

$42

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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