REI Lense

REI Lense

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$1,239 (target)

705 W Oriole St, Altus, OK 73521

3 beds • 2 baths • 1107 sqft

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This property looks like a bad Long-Term investment with a projected -0.27% first-year return on $31,479 initial cash invested.

-0.27%

Cash On Cash

6.93%

Cap Rate

1.07

DSCR

$1,239

Rent

-$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,239 income − $1,246 expenses = $7 out of pocket

Income$1,239Out of Pocket$7Mortgage P&I$81165%Property Taxes$615%Insurance$524%Management$12410%CapEx$625%Vacancy$746%Maintenance$625%

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,239

Total Expenses

$1,246

Mortgage P&I

65%

$811

Property Taxes

5%

$61

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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