REI Lense

REI Lense

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$1,657 (target)

715 Garfield Blvd, Miami, OK 74354

3 beds • 2 baths • 2186 sqft

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This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $69,279 initial cash invested.

-13.29%

Cash On Cash

3.85%

Cap Rate

0.61

DSCR

$1,657

Rent

-$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,657 income − $2,424 expenses = $767 out of pocket

Income$1,657Out of Pocket$767Mortgage P&I$1,742105%Property Taxes$1318%Insurance$1207%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,657

Total Expenses

$2,424

Mortgage P&I

105%

$1,742

Property Taxes

8%

$131

Home Insurance

7%

$120

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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