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11 Winter Wheat Pl, Spring, TX 77381

3 beds • 3 baths • 2068 sqft

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This property looks like a bad Airbnb investment with a projected -12.68% first-year return on $120k initial cash invested.

-12.68%

Cash On Cash

3.17%

Cap Rate

0.53

DSCR

$3,615

Rent

-$1,266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,615 income − $4,881 expenses = $1,266 out of pocket

Income$3,615Out of Pocket$1,266Mortgage P&I$2,40467%Property Taxes$57116%Insurance$1705%Management$54215%CapEx$1454%Maintenance$1454%Other$90425%

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,615

Total Expenses

$4,881

Mortgage P&I

67%

$2,404

Property Taxes

16%

$571

Home Insurance

5%

$170

HOA

0%

$0

Property Management

15%

$542

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$904

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