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16 Turtle Creek Dr, Texarkana, AR 71854

3 beds • 2 baths • 1794 sqft

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This property could be a profitable Airbnb investment with a projected 12.79% first-year return on $51,894 initial cash invested.

12.79%

Cash On Cash

11.07%

Cap Rate

1.81

DSCR

$2,827

Rent

$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,827 income − $2,274 expenses = $553 cash flow

Income$2,827Mortgage P&I$82329%Property Taxes$12Insurance$823%Management$42415%CapEx$1134%Maintenance$1134%Other$70725%Cash Flow$553

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,894

Downpayment

20%

$32,280

Closing costs

1%

$1,614

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,827

Total Expenses

$2,274

Mortgage P&I

29%

$823

Property Taxes

0%

$12

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$707

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