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10034 Meadow Lake Ln, Houston, TX 77042

3 beds • 3 baths • 2282 sqft

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This property looks like a bad Airbnb investment with a projected -36.11% first-year return on $184k initial cash invested.

-36.11%

Cash On Cash

-2.33%

Cap Rate

-0.38

DSCR

$53

Rent

-$5,526

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$53 income − $5,579 expenses = $5,526 out of pocket

Income$53Out of Pocket$5,526Mortgage P&I$3,9927532%Property Taxes$1,2162294%Insurance$276521%HOA$70132%Management$815%CapEx$24%Maintenance$24%Other$1325%

Investment Breakdown

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Purchase Price

$789k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$184k

Downpayment

20%

$158k

Closing costs

1%

$7,888

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$53

Total Expenses

$5,579

Mortgage P&I

7532%

$3,992

Property Taxes

2294%

$1,216

Home Insurance

521%

$276

HOA

132%

$70

Property Management

15%

$8

CapEx

4%

$2

Vacancy

0%

$0

Maintenance

4%

$2

Other

25%

$13

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