REI Lense

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$3,594 (target)

2821 Stonebridge Ct, Norman, OK 73071

3 beds • 3 baths • 2363 sqft

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This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $96,141 initial cash invested.

0.99%

Cash On Cash

6.72%

Cap Rate

1.12

DSCR

$3,594

Rent

$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,594 income − $3,515 expenses = $79 cash flow

Income$3,594Mortgage P&I$1,86252%Property Taxes$2677%Insurance$1354%HOA$291%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%Cash Flow$79

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,141

Downpayment

20%

$74,420

Closing costs

1%

$3,721

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,594

Total Expenses

$3,515

Mortgage P&I

52%

$1,862

Property Taxes

7%

$267

Home Insurance

4%

$135

HOA

1%

$29

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

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