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513 S Highway 76, Newcastle, OK 73065

3 beds • 2 baths • 1894 sqft

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This property looks like a bad Airbnb investment with a projected -15.36% first-year return on $88,287 initial cash invested.

-15.36%

Cash On Cash

2.65%

Cap Rate

0.41

DSCR

$2,109

Rent

-$1,130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,109 income − $3,239 expenses = $1,130 out of pocket

Income$2,109Out of Pocket$1,130Mortgage P&I$1,78685%Property Taxes$32816%Insurance$1145%Management$31615%CapEx$844%Maintenance$844%Other$52725%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,287

Downpayment

20%

$66,940

Closing costs

1%

$3,347

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,109

Total Expenses

$3,239

Mortgage P&I

85%

$1,786

Property Taxes

16%

$328

Home Insurance

5%

$114

HOA

0%

$0

Property Management

15%

$316

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$527

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