REI Lense

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$2,716 (target)

708 E Lea Ter, Mustang, OK 73064

3 beds • 3 baths • 1844 sqft

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This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $78,837 initial cash invested.

1.08%

Cash On Cash

6.84%

Cap Rate

1.12

DSCR

$2,716

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,716 income − $2,645 expenses = $71 cash flow

Income$2,716Mortgage P&I$1,47154%Property Taxes$1455%Insurance$1054%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$71

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,837

Downpayment

20%

$57,940

Closing costs

1%

$2,897

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,716

Total Expenses

$2,645

Mortgage P&I

54%

$1,471

Property Taxes

5%

$145

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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