REI Lense

REI Lense

Unlock all features! Tap here to upgrade

14 Irongate Dr, Texarkana, TX 75503

3 beds • 2 baths • 1759 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.76% first-year return on $83,793 initial cash invested.

-10.76%

Cash On Cash

3.57%

Cap Rate

0.59

DSCR

$2,445

Rent

-$751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,445 income − $3,196 expenses = $751 out of pocket

Income$2,445Out of Pocket$751Mortgage P&I$1,58465%Property Taxes$32813%Insurance$1104%Management$36715%CapEx$984%Maintenance$984%Other$61125%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,793

Downpayment

20%

$62,660

Closing costs

1%

$3,133

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,445

Total Expenses

$3,196

Mortgage P&I

65%

$1,584

Property Taxes

13%

$328

Home Insurance

5%

$110

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$611

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis