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1533 Elmwood Dr, Abilene, TX 79605

3 beds • 4 baths • 3928 sqft

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This property looks like a bad Airbnb investment with a projected -16.4% first-year return on $196k initial cash invested.

-16.4%

Cash On Cash

2.29%

Cap Rate

0.4

DSCR

$5,330

Rent

-$2,682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,330 income − $8,012 expenses = $2,682 out of pocket

Income$5,330Out of Pocket$2,682Mortgage P&I$4,08877%Property Taxes$1,06920%Insurance$2976%Management$80015%CapEx$2134%Maintenance$2134%Other$1,33225%

Investment Breakdown

|

Purchase Price

$849k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$170k

Closing costs

1%

$8,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,330

Total Expenses

$8,012

Mortgage P&I

77%

$4,088

Property Taxes

20%

$1,069

Home Insurance

6%

$297

HOA

0%

$0

Property Management

15%

$800

CapEx

4%

$213

Vacancy

0%

$0

Maintenance

4%

$213

Other

25%

$1,332

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