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12223 Gladewick Dr, Houston, TX 77077

3 beds • 3 baths • 2688 sqft

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This property looks like a bad Airbnb investment with a projected -17.32% first-year return on $122k initial cash invested.

-17.32%

Cash On Cash

2.12%

Cap Rate

0.34

DSCR

$2,097

Rent

-$1,766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,097 income − $3,863 expenses = $1,766 out of pocket

Income$2,097Out of Pocket$1,766Mortgage P&I$2,558122%Property Taxes$492%Insurance$1748%HOA$754%Management$31515%CapEx$844%Maintenance$844%Other$52425%

Investment Breakdown

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Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,400

Closing costs

1%

$4,970

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,097

Total Expenses

$3,863

Mortgage P&I

122%

$2,558

Property Taxes

2%

$49

Home Insurance

8%

$174

HOA

4%

$75

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$524

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