REI Lense

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2925 Longmeadow, Edmond, OK 73003

3 beds • 3 baths • 2106 sqft

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This property looks like a bad Airbnb investment with a projected -8.88% first-year return on $88,245 initial cash invested.

-8.88%

Cash On Cash

4.03%

Cap Rate

0.68

DSCR

$2,932

Rent

-$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,245

Downpayment

20%

$66,900

Closing costs

1%

$3,345

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,932

Total Expenses

$3,585

Mortgage P&I

57%

$1,658

Property Taxes

11%

$335

Home Insurance

4%

$119

HOA

2%

$66

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$733

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