REI Lense

REI Lense

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$1,263 (target)

418 S McGee Dr, Sallisaw, OK 74955

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -9.25% first-year return on $44,100 initial cash invested.

-9.25%

Cash On Cash

4.69%

Cap Rate

0.75

DSCR

$1,263

Rent

-$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,263 income − $1,603 expenses = $340 out of pocket

Income$1,263Out of Pocket$340Mortgage P&I$1,09787%Property Taxes$1048%Insurance$746%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,263

Total Expenses

$1,603

Mortgage P&I

87%

$1,097

Property Taxes

8%

$104

Home Insurance

6%

$74

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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