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14029 Granger Pointe Ln, Conroe, TX 77302

3 beds • 2 baths • 1688 sqft

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This property looks like a bad Airbnb investment with a projected -9.88% first-year return on $77,218 initial cash invested.

-9.88%

Cash On Cash

3.67%

Cap Rate

0.62

DSCR

$2,406

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,406 income − $3,042 expenses = $636 out of pocket

Income$2,406Out of Pocket$636Mortgage P&I$1,40358%Property Taxes$38516%Insurance$994%Management$36115%CapEx$964%Maintenance$964%Other$60225%

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,218

Downpayment

20%

$56,398

Closing costs

1%

$2,820

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,406

Total Expenses

$3,042

Mortgage P&I

58%

$1,403

Property Taxes

16%

$385

Home Insurance

4%

$99

HOA

0%

$0

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$602

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