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14869 Prickly Pear Cv, Magnolia, TX 77354

3 beds • 2 baths • 1339 sqft

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This property looks like a bad Airbnb investment with a projected -3.23% first-year return on $66,426 initial cash invested.

-3.23%

Cash On Cash

5.67%

Cap Rate

0.95

DSCR

$2,981

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$231k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,426

Downpayment

20%

$46,120

Closing costs

1%

$2,306

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,981

Total Expenses

$3,160

Mortgage P&I

39%

$1,149

Property Taxes

15%

$436

Home Insurance

3%

$82

HOA

2%

$63

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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