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317 SE 1st St, Newcastle, OK 73065

3 beds • 2 baths • 1703 sqft

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This property looks like a bad Airbnb investment with a projected -7.44% first-year return on $69,240 initial cash invested.

-7.44%

Cash On Cash

4.81%

Cap Rate

0.74

DSCR

$2,324

Rent

-$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $2,753 expenses = $429 out of pocket

Income$2,324Out of Pocket$429Mortgage P&I$1,31557%Property Taxes$2159%Insurance$864%HOA$211%Management$34915%CapEx$934%Maintenance$934%Other$58125%

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,240

Downpayment

20%

$48,800

Closing costs

1%

$2,440

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$2,753

Mortgage P&I

57%

$1,315

Property Taxes

9%

$215

Home Insurance

4%

$86

HOA

1%

$21

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$581

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