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2947 156th Ave NE, Norman, OK 73026

3 beds • 2 baths • 1512 sqft

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This property might be a fair Airbnb investment with a projected 0.2% first-year return on $72,390 initial cash invested.

0.2%

Cash On Cash

6.54%

Cap Rate

1.1

DSCR

$2,979

Rent

$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$2,967

Mortgage P&I

43%

$1,281

Property Taxes

6%

$165

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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