REI Lense

REI Lense

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$4,532 (target)

3117 Buffalo Ln, Grove, OK 74344

3 beds • 3 baths • 2479 sqft

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This property might be a fair Mid-Term investment with a projected 4.33% first-year return on $108k initial cash invested.

4.33%

Cash On Cash

7.76%

Cap Rate

1.26

DSCR

$4,532

Rent

$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,532 income − $4,141 expenses = $391 cash flow

Income$4,532Mortgage P&I$2,20849%Property Taxes$2345%Insurance$1583%Management$54412%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49911%Cash Flow$391

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,000

Closing costs

1%

$4,300

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,532

Total Expenses

$4,141

Mortgage P&I

49%

$2,208

Property Taxes

5%

$234

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$544

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$499

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