REI Lense

REI Lense

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$2,150 (target)

6020 NW 154th St, Edmond, OK 73013

3 beds • 2 baths • 2141 sqft

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This property looks like a bad Long-Term investment with a projected -14.84% first-year return on $82,908 initial cash invested.

-14.84%

Cash On Cash

3.21%

Cap Rate

0.54

DSCR

$2,150

Rent

-$1,025

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,150 income − $3,175 expenses = $1,025 out of pocket

Income$2,150Out of Pocket$1,025Mortgage P&I$1,97492%Property Taxes$45721%Insurance$1407%HOA$442%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,908

Downpayment

20%

$78,960

Closing costs

1%

$3,948

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,150

Total Expenses

$3,175

Mortgage P&I

92%

$1,974

Property Taxes

21%

$457

Home Insurance

7%

$140

HOA

2%

$44

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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