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1016 Woodland Dr, Palestine, TX 75801

3 beds • 2 baths • 1866 sqft

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This property could be a profitable Airbnb investment with a projected 26.6% first-year return on $28,332 initial cash invested.

26.6%

Cash On Cash

23.32%

Cap Rate

3.87

DSCR

$2,037

Rent

$628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,037 income − $1,409 expenses = $628 cash flow

Income$2,037Mortgage P&I$24712%Property Taxes$804%Insurance$1055%Management$30615%CapEx$814%Maintenance$814%Other$50925%Cash Flow$628

Investment Breakdown

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Purchase Price

$49,200

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,332

Downpayment

20%

$9,840

Closing costs

1%

$492

Rehab

0%

$0

Furnishing

37%

$18,000

Cashflow

Total Income

$2,037

Total Expenses

$1,409

Mortgage P&I

12%

$247

Property Taxes

4%

$80

Home Insurance

5%

$105

HOA

0%

$0

Property Management

15%

$306

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$509

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