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11026 Heartland Grove Dr, Richmond, TX 77406

4 beds • 2 baths • 1891 sqft

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This property looks like a bad Airbnb investment with a projected -7.05% first-year return on $85,971 initial cash invested.

-7.05%

Cash On Cash

4.25%

Cap Rate

0.73

DSCR

$3,212

Rent

-$505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,971

Downpayment

20%

$59,020

Closing costs

1%

$2,951

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$3,212

Total Expenses

$3,717

Mortgage P&I

44%

$1,422

Property Taxes

18%

$568

Home Insurance

3%

$105

HOA

3%

$81

Property Management

15%

$482

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$803

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