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1300 Elmhurst Dr, Garland, TX 75041

4 beds • 3 baths • 1843 sqft

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This property might be a fair Airbnb investment with a projected 6.03% first-year return on $82,737 initial cash invested.

6.03%

Cash On Cash

8.5%

Cap Rate

1.41

DSCR

$3,948

Rent

$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,737

Downpayment

20%

$55,940

Closing costs

1%

$2,797

Rehab

0%

$0

Furnishing

9%

$24,000

Cashflow

Total Income

$3,948

Total Expenses

$3,532

Mortgage P&I

36%

$1,407

Property Taxes

3%

$118

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$592

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$987

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