REI Lense

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$1,894 (target)

418 S McGee Dr, Sallisaw, OK 74955

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Mid-Term investment with a projected -0.48% first-year return on $62,100 initial cash invested.

-0.48%

Cash On Cash

6.56%

Cap Rate

1.05

DSCR

$1,894

Rent

-$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,894 income − $1,919 expenses = $25 out of pocket

Income$1,894Out of Pocket$25Mortgage P&I$1,09758%Property Taxes$1045%Insurance$744%Management$22712%CapEx$764%Vacancy$573%Maintenance$764%Other$20811%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,894

Total Expenses

$1,919

Mortgage P&I

58%

$1,097

Property Taxes

5%

$104

Home Insurance

4%

$74

HOA

0%

$0

Property Management

12%

$227

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$208

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