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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 -10.76% first-year return on $66,825 initial cash invested.

-10.76%

Cash On Cash

3.45%

Cap Rate

0.56

DSCR

$1,609

Rent

-$599

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,609 income − $2,208 expenses = $599 out of pocket

Income$1,609Out of Pocket$599Mortgage P&I$1,20375%Property Taxes$1509%Insurance$845%Management$24115%CapEx$644%Maintenance$644%Other$40225%

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

$1,609

Total Expenses

$2,208

Mortgage P&I

75%

$1,203

Property Taxes

9%

$150

Home Insurance

5%

$84

HOA

0%

$0

Property Management

15%

$241

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$402

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