REI Lense

REI Lense

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$1,829 (target)

21700 Martin Rd, Harrah, OK 73045

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Long-Term investment with a projected -1.22% first-year return on $49,329 initial cash invested.

-1.22%

Cash On Cash

6.68%

Cap Rate

1.03

DSCR

$1,829

Rent

-$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,829 income − $1,879 expenses = $50 out of pocket

Income$1,829Out of Pocket$50Mortgage P&I$1,26669%Property Taxes$563%Insurance$824%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,829

Total Expenses

$1,879

Mortgage P&I

69%

$1,266

Property Taxes

3%

$56

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

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