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12608 Lazy Cove Dr, Willis, TX 77318

3 beds • 2 baths • 1216 sqft

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This property might be a fair Airbnb investment with a projected 9.45% first-year return on $48,639 initial cash invested.

9.45%

Cash On Cash

10.2%

Cap Rate

1.63

DSCR

$2,447

Rent

$383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,447 income − $2,064 expenses = $383 cash flow

Income$2,447Mortgage P&I$75931%Property Taxes$713%Insurance$512%HOA$8Management$36715%CapEx$984%Maintenance$984%Other$61225%Cash Flow$383

Investment Breakdown

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Purchase Price

$146k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,639

Downpayment

20%

$29,180

Closing costs

1%

$1,459

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,447

Total Expenses

$2,064

Mortgage P&I

31%

$759

Property Taxes

3%

$71

Home Insurance

2%

$51

HOA

0%

$8

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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