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1070 S Reno Rd, Springtown, TX 76082

3 beds • 3 baths • 2696 sqft

$1,124,400

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This property looks like a bad Airbnb investment with a projected -27.13% first-year return on $254k initial cash invested.

-27.13%

Cash On Cash

0.01%

Cap Rate

0

DSCR

$2,614

Rent

-$5,746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,614 income − $8,360 expenses = $5,746 out of pocket

Income$2,614Out of Pocket$5,746Mortgage P&I$5,655216%Property Taxes$74929%Insurance$70027%Management$39215%CapEx$1054%Maintenance$1054%Other$65425%

Investment Breakdown

|

Purchase Price

$1124k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$254k

Downpayment

20%

$225k

Closing costs

1%

$11,244

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,614

Total Expenses

$8,360

Mortgage P&I

216%

$5,655

Property Taxes

29%

$749

Home Insurance

27%

$700

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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