REI Lense

REI Lense

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$1,153 (target)

511 S 2nd St, Guthrie, OK 73044

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $44,100 initial cash invested.

-11.02%

Cash On Cash

4.62%

Cap Rate

0.7

DSCR

$1,153

Rent

-$405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,153 income − $1,558 expenses = $405 out of pocket

Income$1,153Out of Pocket$405Mortgage P&I$1,155100%Property Taxes$293%Insurance$746%Management$11510%CapEx$585%Vacancy$696%Maintenance$585%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,153

Total Expenses

$1,558

Mortgage P&I

100%

$1,155

Property Taxes

3%

$29

Home Insurance

6%

$74

HOA

0%

$0

Property Management

10%

$115

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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