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504 SE 4th St, Newcastle, OK 73065

3 beds • 2 baths • 1422 sqft

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This property looks like a bad Airbnb investment with a projected -2.8% first-year return on $66,405 initial cash invested.

-2.8%

Cash On Cash

5.98%

Cap Rate

0.96

DSCR

$2,717

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,717 income − $2,872 expenses = $155 out of pocket

Income$2,717Out of Pocket$155Mortgage P&I$1,19544%Property Taxes$27010%Insurance$813%HOA$211%Management$40815%CapEx$1094%Maintenance$1094%Other$67925%

Investment Breakdown

|

Purchase Price

$231k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,405

Downpayment

20%

$46,100

Closing costs

1%

$2,305

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,717

Total Expenses

$2,872

Mortgage P&I

44%

$1,195

Property Taxes

10%

$270

Home Insurance

3%

$81

HOA

1%

$21

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$679

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