REI Lense

REI Lense

Unlock all features! Tap here to upgrade

10208 Flatland Trail, Converse, TX 78109

3 beds • 2 baths • 1380 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.94% first-year return on $56,955 initial cash invested.

-3.94%

Cash On Cash

5.54%

Cap Rate

0.9

DSCR

$2,325

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $2,512 expenses = $187 out of pocket

Income$2,325Out of Pocket$187Mortgage P&I$95141%Property Taxes$37916%Insurance$663%Management$34915%CapEx$934%Maintenance$934%Other$58125%

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

$2,325

Total Expenses

$2,512

Mortgage P&I

41%

$951

Property Taxes

16%

$379

Home Insurance

3%

$66

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$581

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis