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11820 Ernest Rd, Socorro, TX 79927

3 beds • 2 baths • 1629 sqft

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This property looks like a bad Airbnb investment with a projected -26.4% first-year return on $72,369 initial cash invested.

-26.4%

Cash On Cash

-1.09%

Cap Rate

-0.18

DSCR

$728

Rent

-$1,592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$728 income − $2,320 expenses = $1,592 out of pocket

Income$728Out of Pocket$1,592Mortgage P&I$1,327182%Property Taxes$55376%Insurance$9113%Management$10915%CapEx$294%Maintenance$294%Other$18225%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,369

Downpayment

20%

$51,780

Closing costs

1%

$2,589

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$728

Total Expenses

$2,320

Mortgage P&I

182%

$1,327

Property Taxes

76%

$553

Home Insurance

13%

$91

HOA

0%

$0

Property Management

15%

$109

CapEx

4%

$29

Vacancy

0%

$0

Maintenance

4%

$29

Other

25%

$182

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