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422 SE Lancelot Ln, Lawton, OK 73501

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -9.99% first-year return on $50,211 initial cash invested.

-9.99%

Cash On Cash

4.57%

Cap Rate

0.72

DSCR

$1,450

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,211

Downpayment

20%

$47,820

Closing costs

1%

$2,391

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,450

Total Expenses

$1,868

Mortgage P&I

87%

$1,257

Property Taxes

11%

$161

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

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405 Se Lancelot Ln, Lawton, OK 73501

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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