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118 Snowdance Ct, Spring, TX 77382

3 beds • 3 baths • 2499 sqft

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This property looks like a bad Airbnb investment with a projected -20.66% first-year return on $118k initial cash invested.

-20.66%

Cash On Cash

1.12%

Cap Rate

0.19

DSCR

$2,171

Rent

-$2,030

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,171 income − $4,201 expenses = $2,030 out of pocket

Income$2,171Out of Pocket$2,030Mortgage P&I$2,389110%Property Taxes$59427%Insurance$1758%Management$32615%CapEx$874%Maintenance$874%Other$54325%

Investment Breakdown

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Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,160

Closing costs

1%

$4,758

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,171

Total Expenses

$4,201

Mortgage P&I

110%

$2,389

Property Taxes

27%

$594

Home Insurance

8%

$175

HOA

0%

$0

Property Management

15%

$326

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$543

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