REI Lense

REI Lense

Unlock all features! Tap here to upgrade

24820 S 638th Rd, Grove, OK 74344

3 beds • 2 baths • 2715 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.52% first-year return on $109k initial cash invested.

-20.52%

Cash On Cash

1.13%

Cap Rate

0.18

DSCR

$1,492

Rent

-$1,865

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,492 income − $3,357 expenses = $1,865 out of pocket

Income$1,492Out of Pocket$1,865Mortgage P&I$2,214148%Property Taxes$27418%Insurance$15210%Management$22415%CapEx$604%Maintenance$604%Other$37325%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,720

Closing costs

1%

$4,336

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,492

Total Expenses

$3,357

Mortgage P&I

148%

$2,214

Property Taxes

18%

$274

Home Insurance

10%

$152

HOA

0%

$0

Property Management

15%

$224

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$373

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis