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3917 Nicole Cir, Norman, OK 73072

3 beds • 2 baths • 2040 sqft

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This property looks like a bad Airbnb investment with a projected -12.36% first-year return on $83,079 initial cash invested.

-12.36%

Cash On Cash

3.12%

Cap Rate

0.51

DSCR

$2,134

Rent

-$856

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,134 income − $2,990 expenses = $856 out of pocket

Income$2,134Out of Pocket$856Mortgage P&I$1,57674%Property Taxes$25712%Insurance$1085%HOA$251%Management$32015%CapEx$854%Maintenance$854%Other$53425%

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,079

Downpayment

20%

$61,980

Closing costs

1%

$3,099

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,134

Total Expenses

$2,990

Mortgage P&I

74%

$1,576

Property Taxes

12%

$257

Home Insurance

5%

$108

HOA

1%

$25

Property Management

15%

$320

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$534

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