REI Lense

REI Lense

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$1,252 (target)

903 W 7th St, Grove, OK 74344

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Long-Term investment with a projected -0.34% first-year return on $31,794 initial cash invested.

-0.34%

Cash On Cash

6.78%

Cap Rate

1.07

DSCR

$1,252

Rent

-$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,252 income − $1,261 expenses = $9 out of pocket

Income$1,252Out of Pocket$9Mortgage P&I$80164%Property Taxes$554%Insurance$796%Management$12510%CapEx$635%Vacancy$756%Maintenance$635%

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,794

Downpayment

20%

$30,280

Closing costs

1%

$1,514

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,252

Total Expenses

$1,261

Mortgage P&I

64%

$801

Property Taxes

4%

$55

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$125

CapEx

5%

$63

Vacancy

6%

$75

Maintenance

5%

$63

Other

0%

$0

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