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1015 Oak Leaf St, La Porte, TX 77571

4 beds • 3 baths • 2218 sqft

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This property looks like a bad Airbnb investment with a projected -9.64% first-year return on $97,500 initial cash invested.

-9.64%

Cash On Cash

3.57%

Cap Rate

0.62

DSCR

$3,404

Rent

-$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$3,404

Total Expenses

$4,187

Mortgage P&I

50%

$1,687

Property Taxes

21%

$706

Home Insurance

4%

$122

HOA

1%

$38

Property Management

15%

$511

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$851

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$4,659

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4

2

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3

3

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$4,389

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3

3

2.05 mi

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4

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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