REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1600 Ridgecrest Rd, Edmond, OK 73013

3 beds • 3 baths • 2306 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.41% first-year return on $96,750 initial cash invested.

-5.41%

Cash On Cash

4.95%

Cap Rate

0.84

DSCR

$3,312

Rent

-$436

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,312 income − $3,748 expenses = $436 out of pocket

Income$3,312Out of Pocket$436Mortgage P&I$1,85256%Property Taxes$1765%Insurance$1314%Management$49715%CapEx$1324%Maintenance$1324%Other$82825%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,312

Total Expenses

$3,748

Mortgage P&I

56%

$1,852

Property Taxes

5%

$176

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$497

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$828

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis