REI Lense

REI Lense

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$1,488 (target)

812 NW 49th St, Lawton, OK 73505

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -0.23% first-year return on $36,435 initial cash invested.

-0.23%

Cash On Cash

6.93%

Cap Rate

1.07

DSCR

$1,488

Rent

-$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,488 income − $1,495 expenses = $7 out of pocket

Income$1,488Out of Pocket$7Mortgage P&I$93563%Property Taxes$1248%Insurance$503%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,435

Downpayment

20%

$34,700

Closing costs

1%

$1,735

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,488

Total Expenses

$1,495

Mortgage P&I

63%

$935

Property Taxes

8%

$124

Home Insurance

3%

$50

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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