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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 -16.73% first-year return on $101k initial cash invested.

-16.73%

Cash On Cash

2.22%

Cap Rate

0.36

DSCR

$2,367

Rent

-$1,405

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,367 income − $3,772 expenses = $1,405 out of pocket

Income$2,367Out of Pocket$1,405Mortgage P&I$2,03986%Property Taxes$45819%Insurance$1386%Management$35515%CapEx$954%Maintenance$954%Other$59225%

Investment Breakdown

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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

$2,367

Total Expenses

$3,772

Mortgage P&I

86%

$2,039

Property Taxes

19%

$458

Home Insurance

6%

$138

HOA

0%

$0

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$592

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