REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3400 108th Ave NE, Norman, OK 73026

3 beds • 3 baths • 2704 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.32% first-year return on $91,500 initial cash invested.

-6.32%

Cash On Cash

4.92%

Cap Rate

0.8

DSCR

$2,971

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,971 income − $3,453 expenses = $482 out of pocket

Income$2,971Out of Pocket$482Mortgage P&I$1,79760%Property Taxes$1074%Insurance$1224%Management$44615%CapEx$1194%Maintenance$1194%Other$74325%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,971

Total Expenses

$3,453

Mortgage P&I

60%

$1,797

Property Taxes

4%

$107

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$743

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis