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167 County Road 3185, Cleveland, TX 77327

3 beds • 2 baths • 2126 sqft

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This property looks like a bad Airbnb investment with a projected -21.89% first-year return on $121k initial cash invested.

-21.89%

Cash On Cash

0.63%

Cap Rate

0.11

DSCR

$1,687

Rent

-$2,205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,000

Closing costs

1%

$4,900

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,687

Total Expenses

$3,892

Mortgage P&I

142%

$2,396

Property Taxes

31%

$515

Home Insurance

10%

$172

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$422

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