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1509 Lawrence Ave, Pasadena, TX 77506

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Airbnb investment with a projected -8.7% first-year return on $63,276 initial cash invested.

-8.7%

Cash On Cash

4.42%

Cap Rate

0.68

DSCR

$2,336

Rent

-$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,795 expenses = $459 out of pocket

Income$2,336Out of Pocket$459Mortgage P&I$1,16150%Property Taxes$43719%Insurance$773%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

Purchase Price

$216k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,276

Downpayment

20%

$43,120

Closing costs

1%

$2,156

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,795

Mortgage P&I

50%

$1,161

Property Taxes

19%

$437

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

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