REI Lense

REI Lense

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$2,598 (target)

2216 Oak Ln, Miami, OK 74354

3 beds • 3 baths • 2415 sqft

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This property looks like a bad Mid-Term investment with a projected -7.15% first-year return on $98,850 initial cash invested.

-7.15%

Cash On Cash

4.83%

Cap Rate

0.76

DSCR

$2,598

Rent

-$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,598 income − $3,187 expenses = $589 out of pocket

Income$2,598Out of Pocket$589Mortgage P&I$2,03578%Property Taxes$1335%Insurance$1355%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,598

Total Expenses

$3,187

Mortgage P&I

78%

$2,035

Property Taxes

5%

$133

Home Insurance

5%

$135

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

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