REI Lense

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$1,729 (target)

2270 E Meyers Cir, Choctaw, OK 73020

3 beds • 2 baths • 1818 sqft

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This property looks like a bad Long-Term investment with a projected -19.65% first-year return on $82,761 initial cash invested.

-19.65%

Cash On Cash

2.34%

Cap Rate

0.38

DSCR

$1,729

Rent

-$1,355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,729 income − $3,084 expenses = $1,355 out of pocket

Income$1,729Out of Pocket$1,355Mortgage P&I$2,039118%Property Taxes$45826%Insurance$1388%Management$17310%CapEx$865%Vacancy$1046%Maintenance$865%

Investment Breakdown

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Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,761

Downpayment

20%

$78,820

Closing costs

1%

$3,941

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,729

Total Expenses

$3,084

Mortgage P&I

118%

$2,039

Property Taxes

26%

$458

Home Insurance

8%

$138

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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