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1308 Clover Hill Rd, Mansfield, TX 76063

4 beds • 3 baths • 2730 sqft

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This property looks like a bad Airbnb investment with a projected -5.27% first-year return on $119k initial cash invested.

-5.27%

Cash On Cash

5.24%

Cap Rate

0.86

DSCR

$5,067

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$5,067

Total Expenses

$5,587

Mortgage P&I

45%

$2,282

Property Taxes

14%

$714

Home Insurance

3%

$158

HOA

0%

$0

Property Management

15%

$760

CapEx

4%

$203

Vacancy

0%

$0

Maintenance

4%

$203

Other

25%

$1,267

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Comparable Property

Rent

ADR

Beds

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Distance

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3

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2

1

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5

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0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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