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1600 E Imhoff Rd, Norman, OK 73071

3 beds • 3 baths • 2613 sqft

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This property looks like a bad Airbnb investment with a projected -15.5% first-year return on $113k initial cash invested.

-15.5%

Cash On Cash

2.31%

Cap Rate

0.39

DSCR

$2,215

Rent

-$1,453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,215 income − $3,668 expenses = $1,453 out of pocket

Income$2,215Out of Pocket$1,453Mortgage P&I$2,231101%Property Taxes$21510%Insurance$1587%Management$33215%CapEx$894%Maintenance$894%Other$55425%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,215

Total Expenses

$3,668

Mortgage P&I

101%

$2,231

Property Taxes

10%

$215

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$332

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$554

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