REI Lense

REI Lense

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$1,259 (target)

3608 N Shannon Ave, Bethany, OK 73008

3 beds • 2 baths • 960 sqft

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This property might be a fair Long-Term investment with a projected 3.03% first-year return on $27,699 initial cash invested.

3.03%

Cash On Cash

7.54%

Cap Rate

1.19

DSCR

$1,259

Rent

$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,259 income − $1,189 expenses = $70 cash flow

Income$1,259Mortgage P&I$69655%Property Taxes$12110%Insurance$443%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%Cash Flow$70

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,699

Downpayment

20%

$26,380

Closing costs

1%

$1,319

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,259

Total Expenses

$1,189

Mortgage P&I

55%

$696

Property Taxes

10%

$121

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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