REI Lense

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$3,112 (target)

613 NW 182nd St, Edmond, OK 73012

3 beds • 2 baths • 1594 sqft

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This property might be a fair Mid-Term investment with a projected 2.5% first-year return on $78,333 initial cash invested.

2.5%

Cash On Cash

7.33%

Cap Rate

1.2

DSCR

$3,112

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,112 income − $2,949 expenses = $163 cash flow

Income$3,112Mortgage P&I$1,46747%Property Taxes$30310%Insurance$1023%HOA$211%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$163

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,333

Downpayment

20%

$57,460

Closing costs

1%

$2,873

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,112

Total Expenses

$2,949

Mortgage P&I

47%

$1,467

Property Taxes

10%

$303

Home Insurance

3%

$102

HOA

1%

$21

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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