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1509 Pecos St, Mesquite, TX 75150

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Airbnb investment with a projected -5.56% first-year return on $66,300 initial cash invested.

-5.56%

Cash On Cash

5.2%

Cap Rate

0.84

DSCR

$2,829

Rent

-$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,829

Total Expenses

$3,136

Mortgage P&I

42%

$1,190

Property Taxes

18%

$509

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$707

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Comparable Property

Rent

ADR

Beds

Baths

Distance

King bed- safety neighborhood-Near HWY

$2,784

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3

2

0.36 mi

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3

2

1.09 mi

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3

2

1.53 mi

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$2,550

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3

2

1.63 mi

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$2,500

$250

4

2

1.3 mi

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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