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1045 Majors Dr, Mesquite, TX 75149

3 beds • 2 baths • 1834 sqft

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This property looks like a bad Airbnb investment with a projected -11.78% first-year return on $82,701 initial cash invested.

-11.78%

Cash On Cash

3.28%

Cap Rate

0.55

DSCR

$2,925

Rent

-$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,925 income − $3,737 expenses = $812 out of pocket

Income$2,925Out of Pocket$812Mortgage P&I$1,53653%Property Taxes$68323%Insurance$1144%Management$43915%CapEx$1174%Maintenance$1174%Other$73125%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,701

Downpayment

20%

$61,620

Closing costs

1%

$3,081

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,925

Total Expenses

$3,737

Mortgage P&I

53%

$1,536

Property Taxes

23%

$683

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$731

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