REI Lense

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$1,719 (target)

2329 W Colorado Ave, Enid, OK 73703

3 beds • 2 baths • 2252 sqft

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This property looks like a bad Mid-Term investment with a projected -7.13% first-year return on $75,729 initial cash invested.

-7.13%

Cash On Cash

4.47%

Cap Rate

0.73

DSCR

$1,719

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,719 income − $2,169 expenses = $450 out of pocket

Income$1,719Out of Pocket$450Mortgage P&I$1,40482%Property Taxes$845%Insurance$966%Management$20612%CapEx$694%Vacancy$523%Maintenance$694%Other$18911%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,719

Total Expenses

$2,169

Mortgage P&I

82%

$1,404

Property Taxes

5%

$84

Home Insurance

6%

$96

HOA

0%

$0

Property Management

12%

$206

CapEx

4%

$69

Vacancy

3%

$52

Maintenance

4%

$69

Other

11%

$189

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