REI Lense

REI Lense

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$1,594 (target)

830 Douglas Dr, Norman, OK 73069

3 beds • 2 baths • 1352 sqft

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This property looks like a bad Long-Term investment with a projected -3.81% first-year return on $43,491 initial cash invested.

-3.81%

Cash On Cash

6.1%

Cap Rate

0.95

DSCR

$1,594

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,594 income − $1,732 expenses = $138 out of pocket

Income$1,594Out of Pocket$138Mortgage P&I$1,11170%Property Taxes$1379%Insurance$694%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,491

Downpayment

20%

$41,420

Closing costs

1%

$2,071

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,594

Total Expenses

$1,732

Mortgage P&I

70%

$1,111

Property Taxes

9%

$137

Home Insurance

4%

$69

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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