REI Lense

REI Lense

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$1,506 (target)

624 W Canadian Ave, Vinita, OK 74301

3 beds • 2 baths • 2071 sqft

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This property might be a fair Long-Term investment with a projected 3.14% first-year return on $35,868 initial cash invested.

3.14%

Cash On Cash

7.68%

Cap Rate

1.18

DSCR

$1,506

Rent

$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,506 income − $1,412 expenses = $94 cash flow

Income$1,506Mortgage P&I$92461%Property Taxes$413%Insurance$564%Management$15110%CapEx$755%Vacancy$906%Maintenance$755%Cash Flow$94

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,868

Downpayment

20%

$34,160

Closing costs

1%

$1,708

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,506

Total Expenses

$1,412

Mortgage P&I

61%

$924

Property Taxes

3%

$41

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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