REI Lense

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$1,936 (target)

59001 E 325th Ln, Grove, OK 74344

3 beds • 2 baths • 2228 sqft

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This property looks like a bad Long-Term investment with a projected -21.96% first-year return on $158k initial cash invested.

-21.96%

Cash On Cash

1.82%

Cap Rate

0.29

DSCR

$1,936

Rent

-$2,882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,936 income − $4,818 expenses = $2,882 out of pocket

Income$1,936Out of Pocket$2,882Mortgage P&I$3,923203%Property Taxes$1297%Insurance$26214%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,936

Total Expenses

$4,818

Mortgage P&I

203%

$3,923

Property Taxes

7%

$129

Home Insurance

14%

$262

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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