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1313 Lafayette Ave, Pasadena, TX 77502

3 beds • 2 baths • 2105 sqft

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This property looks like a bad Airbnb investment with a projected -10.3% first-year return on $82,050 initial cash invested.

-10.3%

Cash On Cash

3.54%

Cap Rate

0.6

DSCR

$2,587

Rent

-$704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,587

Total Expenses

$3,291

Mortgage P&I

58%

$1,501

Property Taxes

17%

$434

Home Insurance

4%

$107

HOA

0%

$8

Property Management

15%

$388

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$647

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