REI Lense

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$3,891 (target)

6671 Wilson Dr, Piedmont, OK 73078

3 beds • 2 baths • 2047 sqft

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This property looks like a bad Mid-Term investment with a projected -7.24% first-year return on $127k initial cash invested.

-7.24%

Cash On Cash

4.93%

Cap Rate

0.78

DSCR

$3,891

Rent

-$768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,891 income − $4,659 expenses = $768 out of pocket

Income$3,891Out of Pocket$768Mortgage P&I$2,74971%Property Taxes$3529%Insurance$1845%HOA$501%Management$46712%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42811%

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,201

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,891

Total Expenses

$4,659

Mortgage P&I

71%

$2,749

Property Taxes

9%

$352

Home Insurance

5%

$184

HOA

1%

$50

Property Management

12%

$467

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$428

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