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117 Mountain Oaks Dr, Norman, OK 73071

3 beds • 2 baths • 1578 sqft

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This property looks like a bad Airbnb investment with a projected -2.17% first-year return on $71,193 initial cash invested.

-2.17%

Cash On Cash

6.27%

Cap Rate

0.99

DSCR

$3,056

Rent

-$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,193

Downpayment

20%

$50,660

Closing costs

1%

$2,533

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,056

Total Expenses

$3,185

Mortgage P&I

44%

$1,331

Property Taxes

9%

$284

Home Insurance

3%

$88

HOA

1%

$16

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$764

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

0.38 mi

Spacious 3-Bed, 2-Bath Retreat in Norman!

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2

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$2,811

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3

2

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Welcome Home to Comfort and Convenience in Norman!

$3,573

$178

3

3

0.62 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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