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1039 Red Rock Canyon Dr, Katy, TX 77450

3 beds • 2 baths • 1866 sqft

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This property looks like a bad Airbnb investment with a projected -0.87% first-year return on $67,308 initial cash invested.

-0.87%

Cash On Cash

6.61%

Cap Rate

1.07

DSCR

$3,410

Rent

-$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,410 income − $3,459 expenses = $49 out of pocket

Income$3,410Out of Pocket$49Mortgage P&I$1,20635%Property Taxes$49615%Insurance$842%HOA$371%Management$51215%CapEx$1364%Maintenance$1364%Other$85225%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,308

Downpayment

20%

$46,960

Closing costs

1%

$2,348

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,410

Total Expenses

$3,459

Mortgage P&I

35%

$1,206

Property Taxes

15%

$496

Home Insurance

2%

$84

HOA

1%

$37

Property Management

15%

$512

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$852

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