REI Lense

REI Lense

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$2,860 (target)

2801 NW 171st St, Edmond, OK 73012

3 beds • 3 baths • 2566 sqft

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This property looks like a bad Long-Term investment with a projected -6.42% first-year return on $83,160 initial cash invested.

-6.42%

Cash On Cash

5.01%

Cap Rate

0.85

DSCR

$2,860

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,860 income − $3,305 expenses = $445 out of pocket

Income$2,860Out of Pocket$445Mortgage P&I$1,95668%Property Taxes$39014%Insurance$1405%HOA$753%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,160

Downpayment

20%

$79,200

Closing costs

1%

$3,960

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,860

Total Expenses

$3,305

Mortgage P&I

68%

$1,956

Property Taxes

14%

$390

Home Insurance

5%

$140

HOA

3%

$75

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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