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11021 Larkin Ln, Midwest City, OK 73130

3 beds • 2 baths • 1605 sqft

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This property looks like a bad Airbnb investment with a projected -7.7% first-year return on $72,012 initial cash invested.

-7.7%

Cash On Cash

4.47%

Cap Rate

0.72

DSCR

$2,301

Rent

-$462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,301 income − $2,763 expenses = $462 out of pocket

Income$2,301Out of Pocket$462Mortgage P&I$1,32758%Property Taxes$2129%Insurance$914%HOA$291%Management$34515%CapEx$924%Maintenance$924%Other$57525%

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,012

Downpayment

20%

$51,440

Closing costs

1%

$2,572

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,301

Total Expenses

$2,763

Mortgage P&I

58%

$1,327

Property Taxes

9%

$212

Home Insurance

4%

$91

HOA

1%

$29

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$575

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