REI Lense

REI Lense

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$2,318 (target)

8694 Mallard Ln, Edmond, OK 73034

3 beds • 2 baths • 1987 sqft

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This property looks like a bad Long-Term investment with a projected -7.5% first-year return on $74,256 initial cash invested.

-7.5%

Cash On Cash

4.94%

Cap Rate

0.81

DSCR

$2,318

Rent

-$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,256

Downpayment

20%

$70,720

Closing costs

1%

$3,536

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,318

Total Expenses

$2,782

Mortgage P&I

78%

$1,803

Property Taxes

10%

$230

Home Insurance

5%

$126

HOA

1%

$20

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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