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1601 Rindie St, Irving, TX 75060

3 beds • 2 baths • 1552 sqft

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This property looks like a bad Airbnb investment with a projected -6.75% first-year return on $91,185 initial cash invested.

-6.75%

Cash On Cash

4.51%

Cap Rate

0.78

DSCR

$3,660

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,660 income − $4,173 expenses = $513 out of pocket

Income$3,660Out of Pocket$513Mortgage P&I$1,67846%Property Taxes$61517%Insurance$1243%Management$54915%CapEx$1464%Maintenance$1464%Other$91525%

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,185

Downpayment

20%

$69,700

Closing costs

1%

$3,485

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,660

Total Expenses

$4,173

Mortgage P&I

46%

$1,678

Property Taxes

17%

$615

Home Insurance

3%

$124

HOA

0%

$0

Property Management

15%

$549

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$915

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