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17123 Chalmers Close Ct, Richmond, TX 77407

4 beds • 4 baths • 2862 sqft

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This property looks like a bad Airbnb investment with a projected -20.33% first-year return on $139k initial cash invested.

-20.33%

Cash On Cash

0.88%

Cap Rate

0.15

DSCR

$2,965

Rent

-$2,356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$548k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$110k

Closing costs

1%

$5,480

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$2,965

Total Expenses

$5,321

Mortgage P&I

89%

$2,641

Property Taxes

32%

$956

Home Insurance

6%

$192

HOA

4%

$108

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$741

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