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1021 Old Mill Cir, Irving, TX 75061

4 beds • 2 baths • 2291 sqft

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This property looks like a bad Airbnb investment with a projected -13.73% first-year return on $118k initial cash invested.

-13.73%

Cash On Cash

2.63%

Cap Rate

0.45

DSCR

$3,265

Rent

-$1,356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,265

Total Expenses

$4,621

Mortgage P&I

68%

$2,211

Property Taxes

21%

$684

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$816

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