REI Lense

REI Lense

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$2,070 (target)

618 Mustang Rd NE, Piedmont, OK 73078

3 beds • 2 baths • 1925 sqft

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This property looks like a bad Long-Term investment with a projected -9.84% first-year return on $67,221 initial cash invested.

-9.84%

Cash On Cash

4.87%

Cap Rate

0.74

DSCR

$2,070

Rent

-$551

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,070 income − $2,621 expenses = $551 out of pocket

Income$2,070Out of Pocket$551Mortgage P&I$1,74684%Property Taxes$22411%Insurance$1125%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,221

Downpayment

20%

$64,020

Closing costs

1%

$3,201

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,070

Total Expenses

$2,621

Mortgage P&I

84%

$1,746

Property Taxes

11%

$224

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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