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5801 Cedar Ridge Dr, Enid, OK 73703

3 beds • 2 baths • 1105 sqft

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This property could be a profitable Airbnb investment with a projected 12.48% first-year return on $48,639 initial cash invested.

12.48%

Cash On Cash

11.42%

Cap Rate

1.8

DSCR

$2,762

Rent

$506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,639

Downpayment

20%

$29,180

Closing costs

1%

$1,459

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,762

Total Expenses

$2,256

Mortgage P&I

28%

$773

Property Taxes

4%

$107

Home Insurance

2%

$52

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$690

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