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1244 Hobbs Reach Ln, Houston, TX 77008

3 beds • 4 baths • 2166 sqft

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This property looks like a bad Airbnb investment with a projected -13.1% first-year return on $109k initial cash invested.

-13.1%

Cash On Cash

2.97%

Cap Rate

0.51

DSCR

$3,881

Rent

-$1,186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,320

Closing costs

1%

$4,316

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,881

Total Expenses

$5,067

Mortgage P&I

54%

$2,100

Property Taxes

20%

$778

Home Insurance

4%

$154

HOA

4%

$173

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$970

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