REI Lense

REI Lense

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$1,585 (target)

508 Hampton Dr, Ponca City, OK 74601

3 beds • 2 baths • 1337 sqft

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This property might be a fair Long-Term investment with a projected 0.81% first-year return on $37,233 initial cash invested.

0.81%

Cash On Cash

7.34%

Cap Rate

1.11

DSCR

$1,585

Rent

$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,585 income − $1,560 expenses = $25 cash flow

Income$1,585Mortgage P&I$98062%Property Taxes$1137%Insurance$564%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%Cash Flow$25

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,233

Downpayment

20%

$35,460

Closing costs

1%

$1,773

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,585

Total Expenses

$1,560

Mortgage P&I

62%

$980

Property Taxes

7%

$113

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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