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1511 N Mockingbird Ln, Midlothian, TX 76065

3 beds • 2 baths • 1762 sqft

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This property looks like a bad Airbnb investment with a projected -11.46% first-year return on $89,400 initial cash invested.

-11.46%

Cash On Cash

3.15%

Cap Rate

0.55

DSCR

$2,769

Rent

-$854

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,769 income − $3,623 expenses = $854 out of pocket

Income$2,769Out of Pocket$854Mortgage P&I$1,63659%Property Taxes$53919%Insurance$1194%Management$41515%CapEx$1114%Maintenance$1114%Other$69225%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,769

Total Expenses

$3,623

Mortgage P&I

59%

$1,636

Property Taxes

19%

$539

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$692

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