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1301 Pelican Cir, Azle, TX 76020

3 beds • 2 baths • 1104 sqft

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This property could be a profitable Airbnb investment with a projected 10.23% first-year return on $56,871 initial cash invested.

10.23%

Cash On Cash

10.42%

Cap Rate

1.64

DSCR

$3,573

Rent

$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,573 income − $3,088 expenses = $485 cash flow

Income$3,573Mortgage P&I$98027%Property Taxes$34610%Insurance$471%Management$53615%CapEx$1434%Maintenance$1434%Other$89325%Cash Flow$485

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,871

Downpayment

20%

$37,020

Closing costs

1%

$1,851

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,573

Total Expenses

$3,088

Mortgage P&I

27%

$980

Property Taxes

10%

$346

Home Insurance

1%

$47

HOA

0%

$0

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$893

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