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118 Wood Drake Pl, Tomball, TX 77375

3 beds • 3 baths • 2189 sqft

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This property looks like a bad Airbnb investment with a projected -15.14% first-year return on $112k initial cash invested.

-15.14%

Cash On Cash

2.63%

Cap Rate

0.44

DSCR

$3,610

Rent

-$1,414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,610 income − $5,024 expenses = $1,414 out of pocket

Income$3,610Out of Pocket$1,414Mortgage P&I$2,25362%Property Taxes$88224%Insurance$1574%Management$54215%CapEx$1444%Maintenance$1444%Other$90225%

Investment Breakdown

|

Purchase Price

$448k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,600

Closing costs

1%

$4,480

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$5,024

Mortgage P&I

62%

$2,253

Property Taxes

24%

$882

Home Insurance

4%

$157

HOA

0%

$0

Property Management

15%

$542

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$902

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