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3010 S Indian Meridian Rd, Choctaw, OK 73020

3 beds • 2 baths • 1504 sqft

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This property could be a profitable Airbnb investment with a projected 13.26% first-year return on $39,000 initial cash invested.

13.26%

Cash On Cash

12.38%

Cap Rate

2

DSCR

$2,129

Rent

$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,129 income − $1,698 expenses = $431 cash flow

Income$2,129Mortgage P&I$51624%Property Taxes$1266%Insurance$352%Management$31915%CapEx$854%Maintenance$854%Other$53225%Cash Flow$431

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,129

Total Expenses

$1,698

Mortgage P&I

24%

$516

Property Taxes

6%

$126

Home Insurance

2%

$35

HOA

0%

$0

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

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