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1424 Homestead Ct, Irving, TX 75061

4 beds • 4 baths • 3255 sqft

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This property looks like a bad Airbnb investment with a projected -32.62% first-year return on $129k initial cash invested.

-32.62%

Cash On Cash

-2.41%

Cap Rate

-0.4

DSCR

$0

Rent

-$3,507

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$0

Total Expenses

$3,507

Mortgage P&I

25020000%

$2,502

Property Taxes

8300000%

$830

Home Insurance

1750000%

$175

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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