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3112 Buffalo Ln, Grove, OK 74344

3 beds • 2 baths • 2278 sqft

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This property looks like a bad Airbnb investment with a projected -10.49% first-year return on $98,640 initial cash invested.

-10.49%

Cash On Cash

3.57%

Cap Rate

0.6

DSCR

$2,695

Rent

-$862

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,695 income − $3,557 expenses = $862 out of pocket

Income$2,695Out of Pocket$862Mortgage P&I$1,89670%Property Taxes$2278%Insurance$1405%Management$40415%CapEx$1084%Maintenance$1084%Other$67425%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,640

Downpayment

20%

$76,800

Closing costs

1%

$3,840

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,695

Total Expenses

$3,557

Mortgage P&I

70%

$1,896

Property Taxes

8%

$227

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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