REI Lense

REI Lense

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$1,045 (target)

925 W Rulane Dr, Midwest City, OK 73110

3 beds • 2 baths • 911 sqft

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This property looks like a bad Long-Term investment with a projected -3.43% first-year return on $27,951 initial cash invested.

-3.43%

Cash On Cash

6.01%

Cap Rate

0.96

DSCR

$1,045

Rent

-$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,045 income − $1,125 expenses = $80 out of pocket

Income$1,045Out of Pocket$80Mortgage P&I$69567%Property Taxes$11211%Insurance$474%Management$10410%CapEx$525%Vacancy$636%Maintenance$525%

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,951

Downpayment

20%

$26,620

Closing costs

1%

$1,331

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,045

Total Expenses

$1,125

Mortgage P&I

67%

$695

Property Taxes

11%

$112

Home Insurance

5%

$47

HOA

0%

$0

Property Management

10%

$104

CapEx

5%

$52

Vacancy

6%

$63

Maintenance

5%

$52

Other

0%

$0

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