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1001 W Lampasas St, Ennis, TX 75119

3 beds • 2 baths • 1956 sqft

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This property looks like a bad Airbnb investment with a projected -12.15% first-year return on $75,750 initial cash invested.

-12.15%

Cash On Cash

2.93%

Cap Rate

0.49

DSCR

$1,905

Rent

-$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $2,672 expenses = $767 out of pocket

Income$1,905Out of Pocket$767Mortgage P&I$1,36271%Property Taxes$30016%Insurance$965%Management$28615%CapEx$764%Maintenance$764%Other$47625%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,905

Total Expenses

$2,672

Mortgage P&I

72%

$1,362

Property Taxes

16%

$300

Home Insurance

5%

$96

HOA

0%

$0

Property Management

15%

$286

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$476

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