REI Lense

REI Lense

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$1,542 (target)

711 S Barker Ave, El Reno, OK 73036

3 beds • 2 baths • 1471 sqft

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This property might be a fair Long-Term investment with a projected 8.67% first-year return on $31,542 initial cash invested.

8.67%

Cash On Cash

8.88%

Cap Rate

1.38

DSCR

$1,542

Rent

$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,542 income − $1,314 expenses = $228 cash flow

Income$1,542Mortgage P&I$80652%Property Taxes$564%Insurance$513%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%Cash Flow$228

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,542

Downpayment

20%

$30,040

Closing costs

1%

$1,502

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,542

Total Expenses

$1,314

Mortgage P&I

52%

$806

Property Taxes

4%

$56

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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