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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 11.35% first-year return on $51,894 initial cash invested.

11.35%

Cash On Cash

10.57%

Cap Rate

1.73

DSCR

$2,706

Rent

$491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,706 income − $2,215 expenses = $491 cash flow

Income$2,706Mortgage P&I$82330%Property Taxes$12Insurance$823%Management$40615%CapEx$1084%Maintenance$1084%Other$67625%Cash Flow$491

Investment Breakdown

|

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

$2,706

Total Expenses

$2,215

Mortgage P&I

30%

$823

Property Taxes

0%

$12

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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