REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,188 (target)

62024 E 286th Rd, Grove, OK 74344

3 beds • 2 baths • 1402 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $58,530 initial cash invested.

3.98%

Cash On Cash

8.47%

Cap Rate

1.26

DSCR

$2,188

Rent

$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,188 income − $1,994 expenses = $194 cash flow

Income$2,188Mortgage P&I$1,08049%Property Taxes$984%Insurance$703%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$194

Investment Breakdown

|

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,530

Downpayment

20%

$38,600

Closing costs

1%

$1,930

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,188

Total Expenses

$1,994

Mortgage P&I

49%

$1,080

Property Taxes

4%

$98

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis