REI Lense

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$1,265 (target)

920 W Silver Meadow Dr, Midwest City, OK 73110

3 beds • 2 baths • 1095 sqft

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This property looks like a bad Long-Term investment with a projected -6.75% first-year return on $36,645 initial cash invested.

-6.75%

Cash On Cash

5.49%

Cap Rate

0.85

DSCR

$1,265

Rent

-$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,265 income − $1,471 expenses = $206 out of pocket

Income$1,265Out of Pocket$206Mortgage P&I$94174%Property Taxes$14111%Insurance$615%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,645

Downpayment

20%

$34,900

Closing costs

1%

$1,745

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,265

Total Expenses

$1,471

Mortgage P&I

74%

$941

Property Taxes

11%

$141

Home Insurance

5%

$61

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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