REI Lense

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$3,363 (target)

891 Oakley Dr, Blanchard, OK 73010

3 beds • 3 baths • 2061 sqft

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This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $90,555 initial cash invested.

0.95%

Cash On Cash

6.86%

Cap Rate

1.12

DSCR

$3,363

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,363 income − $3,291 expenses = $72 cash flow

Income$3,363Mortgage P&I$1,76753%Property Taxes$2578%Insurance$1224%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$72

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,555

Downpayment

20%

$69,100

Closing costs

1%

$3,455

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$3,291

Mortgage P&I

53%

$1,767

Property Taxes

8%

$257

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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