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105 High Meadow Rd, Red Oak, TX 75154

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Airbnb investment with a projected -8.42% first-year return on $83,751 initial cash invested.

-8.42%

Cash On Cash

4.23%

Cap Rate

0.7

DSCR

$2,953

Rent

-$588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,953 income − $3,541 expenses = $588 out of pocket

Income$2,953Out of Pocket$588Mortgage P&I$1,57353%Property Taxes$42414%Insurance$1104%HOA$171%Management$44315%CapEx$1184%Maintenance$1184%Other$73825%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,751

Downpayment

20%

$62,620

Closing costs

1%

$3,131

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,953

Total Expenses

$3,541

Mortgage P&I

53%

$1,573

Property Taxes

14%

$424

Home Insurance

4%

$110

HOA

1%

$17

Property Management

15%

$443

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$738

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