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1309 Indian Wells Trl, Midlothian, TX 76065

3 beds • 2 baths • 1218 sqft

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This property looks like a bad Airbnb investment with a projected -4.63% first-year return on $74,700 initial cash invested.

-4.63%

Cash On Cash

5.28%

Cap Rate

0.88

DSCR

$2,985

Rent

-$288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,985 income − $3,273 expenses = $288 out of pocket

Income$2,985Out of Pocket$288Mortgage P&I$1,35845%Property Taxes$38913%Insurance$943%Management$44815%CapEx$1194%Maintenance$1194%Other$74625%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,985

Total Expenses

$3,273

Mortgage P&I

45%

$1,358

Property Taxes

13%

$389

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$448

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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