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1608 Southern Oaks Dr, Conroe, TX 77301

3 beds • 2 baths • 2198 sqft

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This property looks like a bad Airbnb investment with a projected -18.03% first-year return on $116k initial cash invested.

-18.03%

Cash On Cash

1.62%

Cap Rate

0.28

DSCR

$2,438

Rent

-$1,738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,438

Total Expenses

$4,176

Mortgage P&I

93%

$2,269

Property Taxes

23%

$572

Home Insurance

7%

$163

HOA

0%

$0

Property Management

15%

$366

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$610

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