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7010 Alameda St, Norman, OK 73026

3 beds • 2 baths • 2137 sqft

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This property looks like a bad Airbnb investment with a projected -0.91% first-year return on $91,353 initial cash invested.

-0.91%

Cash On Cash

6.2%

Cap Rate

1.05

DSCR

$3,716

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,353

Downpayment

20%

$69,860

Closing costs

1%

$3,493

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,716

Total Expenses

$3,785

Mortgage P&I

46%

$1,725

Property Taxes

4%

$150

Home Insurance

3%

$126

HOA

0%

$0

Property Management

15%

$557

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$929

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Comparable Property

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ADR

Beds

Baths

Distance

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3

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2

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2

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4

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1.3 mi

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2

1

0.9 mi

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5

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2

1

0.9 mi

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

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