Airbnb owners of OKC, ballpark estimate for monthly expenses?

[Thomas Coulon]

Hey all,

This is my first post on BiggerPockets! Some business associates and I are looking to purchase a 2-3 bedroom house in OKC, and we are beginning to analyze deals. I'm asking specifically about Airbnb since there's extra expenses paid for by the owner, such as electricity, cable/internet, etc.  For the type of property were looking at, what are reasonable expectations for the following monthly expenses?

1. Landlord insurance

2. Electricity

3. Internet/cable

4. Gas

5. Water

6. Garbage

7. Lawn care

If there are any other major expenses you'd like to share, feel free! Obviously other expenses would be mortgage and property tax.

Thanks!

[Brendan Harrison]

Some things I can think of would be:

- Monthly Cleaning Fees after each booking

- Supplies (toilet paper, shampoo, body wash, coffee etc)

- Cost of furnishing 

As for what to expect: 

Internet: I'd say most companies range from $50 - $100 depending on the speed you are wanting. A lot of my investors that do short-term rentals use streaming services. This can save you on cost by having the customers sign into their accounts when they arrive if you choose to not provide the service.

Electricity: Higher usage electricity months start at $150. 

Gas: During the colder months (200+) During the summer ($40+) 

Lawn: We pay our Lawn guy $50 every two weeks. Our property has a decently sized front & back yard. He comes on schedule every two weeks and is very reliable. 

Water/Garbage: In OKC water and trash is grouped in to one service through okc.gov. On average I'd expect $80 - $100/month

Property taxes are both low and fairly predictable across the state.

Hopefully I could help you out a bit! If you have any questions regarding the market or want access to some off-market deals let me know! More than happy to provide you with that information. Good luck!