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63941 E 297th Ln, Grove, OK 74344

3 beds • 2 baths • 2471 sqft

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This property looks like a bad Airbnb investment with a projected -15.79% first-year return on $96,372 initial cash invested.

-15.79%

Cash On Cash

2.25%

Cap Rate

0.37

DSCR

$1,838

Rent

-$1,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,838 income − $3,106 expenses = $1,268 out of pocket

Income$1,838Out of Pocket$1,268Mortgage P&I$1,893103%Property Taxes$19311%Insurance$1367%Management$27615%CapEx$744%Maintenance$744%Other$46025%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,372

Downpayment

20%

$74,640

Closing costs

1%

$3,732

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,838

Total Expenses

$3,106

Mortgage P&I

103%

$1,893

Property Taxes

11%

$193

Home Insurance

7%

$136

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

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