REI Lense

REI Lense

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$1,912 (target)

630 S Heights Dr, Mustang, OK 73064

3 beds • 2 baths • 1079 sqft

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This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $59,979 initial cash invested.

0.2%

Cash On Cash

6.95%

Cap Rate

1.08

DSCR

$1,912

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,912 income − $1,902 expenses = $10 cash flow

Income$1,912Mortgage P&I$1,07156%Property Taxes$1136%Insurance$704%Management$22912%CapEx$764%Vacancy$573%Maintenance$764%Other$21011%Cash Flow$10

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,912

Total Expenses

$1,902

Mortgage P&I

56%

$1,071

Property Taxes

6%

$113

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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