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1307 N 62nd St, Waco, TX 76710

3 beds • 1 baths • 1374 sqft

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This property looks like a bad Airbnb investment with a projected -7.26% first-year return on $70,437 initial cash invested.

-7.26%

Cash On Cash

4.55%

Cap Rate

0.75

DSCR

$2,640

Rent

-$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,437

Downpayment

20%

$49,940

Closing costs

1%

$2,497

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,640

Total Expenses

$3,066

Mortgage P&I

48%

$1,266

Property Taxes

17%

$441

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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