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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 -7.63% first-year return on $72,012 initial cash invested.

-7.63%

Cash On Cash

4.48%

Cap Rate

0.72

DSCR

$2,308

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,308 income − $2,766 expenses = $458 out of pocket

Income$2,308Out of Pocket$458Mortgage P&I$1,32757%Property Taxes$2129%Insurance$914%HOA$291%Management$34615%CapEx$924%Maintenance$924%Other$57725%

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

$2,308

Total Expenses

$2,766

Mortgage P&I

57%

$1,327

Property Taxes

9%

$212

Home Insurance

4%

$91

HOA

1%

$29

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$577

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