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905 Kentucky Derby Dr, Sallisaw, OK 74955

3 beds • 2 baths • 1716 sqft

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This property looks like a bad Airbnb investment with a projected -10.36% first-year return on $66,825 initial cash invested.

-10.36%

Cash On Cash

3.57%

Cap Rate

0.58

DSCR

$1,654

Rent

-$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,654 income − $2,231 expenses = $577 out of pocket

Income$1,654Out of Pocket$577Mortgage P&I$1,20373%Property Taxes$1509%Insurance$845%Management$24815%CapEx$664%Maintenance$664%Other$41425%

Investment Breakdown

|

Purchase Price

$233k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,825

Downpayment

20%

$46,500

Closing costs

1%

$2,325

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,654

Total Expenses

$2,231

Mortgage P&I

73%

$1,203

Property Taxes

9%

$150

Home Insurance

5%

$84

HOA

0%

$0

Property Management

15%

$248

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$414

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