REI Lense

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$2,440 (target)

707 Quail Run Rd, Grove, OK 74344

3 beds • 2 baths • 1660 sqft

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This property might be a fair Mid-Term investment with a projected 2.26% first-year return on $67,854 initial cash invested.

2.26%

Cash On Cash

7.59%

Cap Rate

1.18

DSCR

$2,440

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,440 income − $2,312 expenses = $128 cash flow

Income$2,440Mortgage P&I$1,27652%Property Taxes$1205%Insurance$864%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26811%Cash Flow$128

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,854

Downpayment

20%

$47,480

Closing costs

1%

$2,374

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,440

Total Expenses

$2,312

Mortgage P&I

52%

$1,276

Property Taxes

5%

$120

Home Insurance

4%

$86

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$268

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