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1021 N Montgomery St, Gilmer, TX 75644

3 beds • 3 baths • 1880 sqft

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This property looks like a bad Airbnb investment with a projected -8.03% first-year return on $71,697 initial cash invested.

-8.03%

Cash On Cash

4.01%

Cap Rate

0.68

DSCR

$2,154

Rent

-$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,697

Downpayment

20%

$51,140

Closing costs

1%

$2,557

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,154

Total Expenses

$2,634

Mortgage P&I

58%

$1,248

Property Taxes

12%

$262

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$538

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