REI Lense

REI Lense

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$5,628 (target)

4343 Nicole Dr, Norman, OK 73072

3 beds • 3 baths • 2500 sqft

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This property might be a fair Mid-Term investment with a projected 7.97% first-year return on $120k initial cash invested.

7.97%

Cash On Cash

8.46%

Cap Rate

1.43

DSCR

$5,628

Rent

$794

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,680

Closing costs

1%

$4,834

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,628

Total Expenses

$4,834

Mortgage P&I

42%

$2,390

Property Taxes

6%

$356

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$675

CapEx

4%

$225

Vacancy

3%

$169

Maintenance

4%

$225

Other

11%

$619

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