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$4,728 (target)

59951 E 309th Ln, Grove, OK 74344

3 beds • 4 baths • 3166 sqft

$1,300,300

View on Zillow
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This property looks like a bad Mid-Term investment with a projected -19.65% first-year return on $291k initial cash invested.

-19.65%

Cash On Cash

2.05%

Cap Rate

0.33

DSCR

$4,728

Rent

-$4,766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,728 income − $9,494 expenses = $4,766 out of pocket

Income$4,728Out of Pocket$4,766Mortgage P&I$6,797144%Property Taxes$60013%Insurance$49010%Management$56712%CapEx$1894%Vacancy$1423%Maintenance$1894%Other$52011%

Investment Breakdown

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Purchase Price

$1300k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$260k

Closing costs

1%

$13,003

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,728

Total Expenses

$9,494

Mortgage P&I

144%

$6,797

Property Taxes

13%

$600

Home Insurance

10%

$490

HOA

0%

$0

Property Management

12%

$567

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$520

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