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1028 Kimbro Dr, Forney, TX 75126

3 beds • 2 baths • 1934 sqft

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This property looks like a bad Airbnb investment with a projected -3.13% first-year return on $74,070 initial cash invested.

-3.13%

Cash On Cash

5.79%

Cap Rate

0.96

DSCR

$3,592

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,070

Downpayment

20%

$53,400

Closing costs

1%

$2,670

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,592

Total Expenses

$3,785

Mortgage P&I

37%

$1,338

Property Taxes

17%

$594

Home Insurance

3%

$94

HOA

1%

$34

Property Management

15%

$539

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$898

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