REI Lense

REI Lense

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$1,561 (target)

9901 Railroad, Midwest City, OK 73130

3 beds • 2 baths • 1451 sqft

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This property looks like a bad Long-Term investment with a projected -10.26% first-year return on $49,371 initial cash invested.

-10.26%

Cash On Cash

4.68%

Cap Rate

0.73

DSCR

$1,561

Rent

-$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,561 income − $1,983 expenses = $422 out of pocket

Income$1,561Out of Pocket$422Mortgage P&I$1,26181%Property Taxes$23215%Insurance$845%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,371

Downpayment

20%

$47,020

Closing costs

1%

$2,351

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,561

Total Expenses

$1,983

Mortgage P&I

81%

$1,261

Property Taxes

15%

$232

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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