REI Lense

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$2,378 (target)

508 Hampton Dr, Ponca City, OK 74601

3 beds • 2 baths • 1337 sqft

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This property might be a fair Mid-Term investment with a projected 9.15% first-year return on $55,233 initial cash invested.

9.15%

Cash On Cash

10.13%

Cap Rate

1.53

DSCR

$2,378

Rent

$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $1,957 expenses = $421 cash flow

Income$2,378Mortgage P&I$98041%Property Taxes$1135%Insurance$562%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$421

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,233

Downpayment

20%

$35,460

Closing costs

1%

$1,773

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$1,957

Mortgage P&I

41%

$980

Property Taxes

5%

$113

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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