REI Lense

REI Lense

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$2,385 (target)

5213 S Lions Ave, Broken Arrow, OK 74011

3 beds • 2 baths • 1270 sqft

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This property might be a fair Mid-Term investment with a projected 5% first-year return on $62,100 initial cash invested.

5%

Cash On Cash

8.33%

Cap Rate

1.32

DSCR

$2,385

Rent

$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,385 income − $2,126 expenses = $259 cash flow

Income$2,385Mortgage P&I$1,10446%Property Taxes$1707%Insurance$422%Management$28612%CapEx$954%Vacancy$723%Maintenance$954%Other$26211%Cash Flow$259

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,385

Total Expenses

$2,126

Mortgage P&I

46%

$1,104

Property Taxes

7%

$170

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$72

Maintenance

4%

$95

Other

11%

$262

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