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2270 E Meyers Cir, Choctaw, OK 73020

3 beds • 2 baths • 1818 sqft

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This property looks like a bad Airbnb investment with a projected -11.91% first-year return on $101k initial cash invested.

-11.91%

Cash On Cash

3.55%

Cap Rate

0.57

DSCR

$3,145

Rent

-$1,000

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,145 income − $4,145 expenses = $1,000 out of pocket

Income$3,145Out of Pocket$1,000Mortgage P&I$2,03965%Property Taxes$45815%Insurance$1384%Management$47215%CapEx$1264%Maintenance$1264%Other$78625%

Investment Breakdown

|

Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,820

Closing costs

1%

$3,941

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,145

Total Expenses

$4,145

Mortgage P&I

65%

$2,039

Property Taxes

15%

$458

Home Insurance

4%

$138

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$786

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