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1407 W 11th St, Grove, OK 74344

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Airbnb investment with a projected -2.09% first-year return on $67,770 initial cash invested.

-2.09%

Cash On Cash

6.12%

Cap Rate

0.98

DSCR

$2,477

Rent

-$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,477 income − $2,595 expenses = $118 out of pocket

Income$2,477Out of Pocket$118Mortgage P&I$1,22850%Property Taxes$954%Insurance$833%Management$37215%CapEx$994%Maintenance$994%Other$61925%

Investment Breakdown

|

Purchase Price

$237k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,770

Downpayment

20%

$47,400

Closing costs

1%

$2,370

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,477

Total Expenses

$2,595

Mortgage P&I

50%

$1,228

Property Taxes

4%

$95

Home Insurance

3%

$83

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$619

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