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12304 Maggie Ln, Willis, TX 77318

3 beds • 3 baths • 2818 sqft

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This property looks like a bad Airbnb investment with a projected -20.01% first-year return on $171k initial cash invested.

-20.01%

Cash On Cash

1.47%

Cap Rate

0.24

DSCR

$2,242

Rent

-$2,856

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,242 income − $5,098 expenses = $2,856 out of pocket

Income$2,242Out of Pocket$2,856Mortgage P&I$3,662163%Property Taxes$1045%Insurance$25611%Management$33615%CapEx$904%Maintenance$904%Other$56025%

Investment Breakdown

|

Purchase Price

$730k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$146k

Closing costs

1%

$7,300

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,242

Total Expenses

$5,098

Mortgage P&I

163%

$3,662

Property Taxes

5%

$104

Home Insurance

11%

$256

HOA

0%

$0

Property Management

15%

$336

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$560

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