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10267 Pineridge Dr, Conroe, TX 77303

3 beds • 2 baths • 2031 sqft

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This property looks like a bad Airbnb investment with a projected -21.33% first-year return on $102k initial cash invested.

-21.33%

Cash On Cash

0.62%

Cap Rate

0.11

DSCR

$1,608

Rent

-$1,813

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,608

Total Expenses

$3,421

Mortgage P&I

122%

$1,956

Property Taxes

34%

$554

Home Insurance

9%

$140

HOA

0%

$0

Property Management

15%

$241

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$402

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