REI Lense

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$2,871 (target)

2721 Gulliver St, Norman, OK 73069

3 beds • 2 baths • 1506 sqft

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This property looks like a bad Mid-Term investment with a projected -0.99% first-year return on $79,089 initial cash invested.

-0.99%

Cash On Cash

6.31%

Cap Rate

1.03

DSCR

$2,871

Rent

-$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,871 income − $2,936 expenses = $65 out of pocket

Income$2,871Out of Pocket$65Mortgage P&I$1,48052%Property Taxes$35812%Insurance$1034%HOA$181%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%

Investment Breakdown

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Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,089

Downpayment

20%

$58,180

Closing costs

1%

$2,909

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,871

Total Expenses

$2,936

Mortgage P&I

52%

$1,480

Property Taxes

12%

$358

Home Insurance

4%

$103

HOA

1%

$18

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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