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3641 Lakeshore Dr, Enid, OK 73703

3 beds • 2 baths • 1926 sqft

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This property looks like a bad Airbnb investment with a projected -2.94% first-year return on $73,041 initial cash invested.

-2.94%

Cash On Cash

5.63%

Cap Rate

0.95

DSCR

$2,764

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,041

Downpayment

20%

$52,420

Closing costs

1%

$2,621

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,764

Total Expenses

$2,943

Mortgage P&I

47%

$1,297

Property Taxes

8%

$225

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$691

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Comparable Property

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ADR

Beds

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1.96 mi

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$2,588

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3

1.5

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4

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1.3 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

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