REI Lense

REI Lense

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$1,687 (target)

306 E 16th St, Claremore, OK 74017

3 beds • 2 baths • 2032 sqft

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This property looks like a bad Long-Term investment with a projected -0.28% first-year return on $43,050 initial cash invested.

-0.28%

Cash On Cash

6.78%

Cap Rate

1.07

DSCR

$1,687

Rent

-$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,687 income − $1,697 expenses = $10 out of pocket

Income$1,687Out of Pocket$10Mortgage P&I$1,08464%Property Taxes$1036%Insurance$724%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,687

Total Expenses

$1,697

Mortgage P&I

64%

$1,084

Property Taxes

6%

$103

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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