REI Lense

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$2,511 (target)

8980 Overlook Dr, Guthrie, OK 73044

3 beds • 2 baths • 1357 sqft

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This property might be a fair Mid-Term investment with a projected 1.04% first-year return on $71,235 initial cash invested.

1.04%

Cash On Cash

6.77%

Cap Rate

1.13

DSCR

$2,511

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $2,449 expenses = $62 cash flow

Income$2,511Mortgage P&I$1,26850%Property Taxes$2008%Insurance$944%HOA$351%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%Cash Flow$62

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,235

Downpayment

20%

$50,700

Closing costs

1%

$2,535

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$2,449

Mortgage P&I

51%

$1,268

Property Taxes

8%

$200

Home Insurance

4%

$94

HOA

1%

$35

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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