REI Lense

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$2,718 (target)

32100 S 618th Ln, Grove, OK 74344

3 beds • 2 baths • 1896 sqft

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This property looks like a bad Mid-Term investment with a projected -8.95% first-year return on $103k initial cash invested.

-8.95%

Cash On Cash

4.74%

Cap Rate

0.71

DSCR

$2,718

Rent

-$766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,718 income − $3,484 expenses = $766 out of pocket

Income$2,718Out of Pocket$766Mortgage P&I$2,25183%Property Taxes$1596%Insurance$1495%Management$32612%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%

Investment Breakdown

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Purchase Price

$404k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,720

Closing costs

1%

$4,036

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,718

Total Expenses

$3,484

Mortgage P&I

83%

$2,251

Property Taxes

6%

$159

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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