REI Lense

REI Lense

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Target property

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 -25.85% first-year return on $70,521 initial cash invested.

-25.85%

Cash On Cash

-1.09%

Cap Rate

-0.18

DSCR

$0

Rent

-$1,519

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,519 expenses = $1,519 out of pocket

Income$0Out of Pocket$1,519Mortgage P&I$1,291Property Taxes$115Insurance$63HOA$50

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

$0

Total Expenses

$1,519

Mortgage P&I

12910000%

$1,291

Property Taxes

1150000%

$115

Home Insurance

630000%

$63

HOA

500000%

$50

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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