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311 Castro St, Norman, OK 73069

3 beds • 2 baths • 2194 sqft

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This property looks like a bad Airbnb investment with a projected -11.97% first-year return on $88,434 initial cash invested.

-11.97%

Cash On Cash

3.31%

Cap Rate

0.54

DSCR

$2,412

Rent

-$882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,412 income − $3,294 expenses = $882 out of pocket

Income$2,412Out of Pocket$882Mortgage P&I$1,71271%Property Taxes$30313%Insurance$1225%Management$36215%CapEx$964%Maintenance$964%Other$60325%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,434

Downpayment

20%

$67,080

Closing costs

1%

$3,354

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,412

Total Expenses

$3,294

Mortgage P&I

71%

$1,712

Property Taxes

13%

$303

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$603

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