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112 Knight Ct, Springtown, TX 76082

3 beds • 2 baths • 2195 sqft

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This property looks like a bad Airbnb investment with a projected -22.24% first-year return on $131k initial cash invested.

-22.24%

Cash On Cash

0.89%

Cap Rate

0.15

DSCR

$2,118

Rent

-$2,428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,118 income − $4,546 expenses = $2,428 out of pocket

Income$2,118Out of Pocket$2,428Mortgage P&I$2,741129%Property Taxes$59928%Insurance$1889%Management$31815%CapEx$854%Maintenance$854%Other$53025%

Investment Breakdown

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Purchase Price

$538k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,380

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,118

Total Expenses

$4,546

Mortgage P&I

129%

$2,741

Property Taxes

28%

$599

Home Insurance

9%

$188

HOA

0%

$0

Property Management

15%

$318

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$530

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