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1575 Garden Lakes Dr, Friendswood, TX 77546

3 beds • 2 baths • 2322 sqft

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This property looks like a bad Airbnb investment with a projected -17.53% first-year return on $123k initial cash invested.

-17.53%

Cash On Cash

1.72%

Cap Rate

0.3

DSCR

$2,960

Rent

-$1,794

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,960

Total Expenses

$4,754

Mortgage P&I

81%

$2,393

Property Taxes

24%

$703

Home Insurance

6%

$175

HOA

2%

$63

Property Management

15%

$444

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$740

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