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10208 Flatland Trail, Converse, TX 78109

3 beds • 2 baths • 1380 sqft

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This property looks like a bad Airbnb investment with a projected -4.78% first-year return on $56,955 initial cash invested.

-4.78%

Cash On Cash

5.27%

Cap Rate

0.86

DSCR

$2,248

Rent

-$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,248 income − $2,475 expenses = $227 out of pocket

Income$2,248Out of Pocket$227Mortgage P&I$95142%Property Taxes$37917%Insurance$663%Management$33715%CapEx$904%Maintenance$904%Other$56225%

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,955

Downpayment

20%

$37,100

Closing costs

1%

$1,855

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,248

Total Expenses

$2,475

Mortgage P&I

42%

$951

Property Taxes

17%

$379

Home Insurance

3%

$66

HOA

0%

$0

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

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