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31719 S 622nd Rd, Grove, OK 74344

3 beds • 2 baths • 1386 sqft

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This property looks like a bad Airbnb investment with a projected -4.15% first-year return on $78,690 initial cash invested.

-4.15%

Cash On Cash

5.22%

Cap Rate

0.88

DSCR

$2,487

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,487 income − $2,759 expenses = $272 out of pocket

Income$2,487Out of Pocket$272Mortgage P&I$1,42957%Property Taxes$361%Insurance$1014%Management$37315%CapEx$994%Maintenance$994%Other$62225%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,487

Total Expenses

$2,759

Mortgage P&I

57%

$1,429

Property Taxes

1%

$36

Home Insurance

4%

$101

HOA

0%

$0

Property Management

15%

$373

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$622

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