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2947 156th Ave NE, Norman, OK 73026

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Long-Term investment with a projected -6.16% first-year return on $54,390 initial cash invested.

-6.16%

Cash On Cash

5.04%

Cap Rate

0.85

DSCR

$1,700

Rent

-$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,700

Total Expenses

$1,979

Mortgage P&I

75%

$1,281

Property Taxes

10%

$165

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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