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3400 108th Ave NE, Norman, OK 73026

3 beds • 3 baths • 2704 sqft

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This property looks like a bad Airbnb investment with a projected -7.38% first-year return on $91,500 initial cash invested.

-7.38%

Cash On Cash

4.61%

Cap Rate

0.75

DSCR

$2,812

Rent

-$563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,812 income − $3,375 expenses = $563 out of pocket

Income$2,812Out of Pocket$563Mortgage P&I$1,79764%Property Taxes$1074%Insurance$1224%Management$42215%CapEx$1124%Maintenance$1124%Other$70325%

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

$2,812

Total Expenses

$3,375

Mortgage P&I

64%

$1,797

Property Taxes

4%

$107

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$422

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$703

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