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1075 Wildfire Dr, Norman, OK 73026

3 beds • 3 baths • 2212 sqft

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This property looks like a bad Airbnb investment with a projected -12.57% first-year return on $70,521 initial cash invested.

-12.57%

Cash On Cash

2.94%

Cap Rate

0.47

DSCR

$1,500

Rent

-$739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,500 income − $2,239 expenses = $739 out of pocket

Income$1,500Out of Pocket$739Mortgage P&I$1,29186%Property Taxes$1158%Insurance$634%HOA$503%Management$22515%CapEx$604%Maintenance$604%Other$37525%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,521

Downpayment

20%

$50,020

Closing costs

1%

$2,501

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,500

Total Expenses

$2,239

Mortgage P&I

86%

$1,291

Property Taxes

8%

$115

Home Insurance

4%

$63

HOA

3%

$50

Property Management

15%

$225

CapEx

4%

$60

Vacancy

0%

$0

Maintenance

4%

$60

Other

25%

$375

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