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1417 Berne Ln, Lewisville, TX 75067

4 beds • 2 baths • 2047 sqft

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This property looks like a bad Airbnb investment with a projected -8.22% first-year return on $110k initial cash invested.

-8.22%

Cash On Cash

4.03%

Cap Rate

0.7

DSCR

$3,870

Rent

-$757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$82,340

Closing costs

1%

$4,117

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,870

Total Expenses

$4,627

Mortgage P&I

51%

$1,984

Property Taxes

16%

$636

Home Insurance

4%

$149

HOA

0%

$0

Property Management

15%

$580

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$968

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