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140 Reed Ave, Norman, OK 73071

3 beds • 2 baths • 1391 sqft

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This property looks like a bad Airbnb investment with a projected -0.04% first-year return on $57,039 initial cash invested.

-0.04%

Cash On Cash

6.88%

Cap Rate

1.09

DSCR

$2,264

Rent

-$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,039

Downpayment

20%

$37,180

Closing costs

1%

$1,859

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,264

Total Expenses

$2,266

Mortgage P&I

43%

$977

Property Taxes

6%

$136

Home Insurance

3%

$65

HOA

0%

$0

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$566

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Comparable Property

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ADR

Beds

Baths

Distance

House by OU FirePit and GameRoom

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2

0.35 mi

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2

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3

2

0.5 mi

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$3,155

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3

2

0.51 mi

104 W Rancho Del Cerro

$2,500

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4

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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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