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17490 Fm 47, Wills Point, TX 75169

3 beds • 2 baths • 2204 sqft

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This property looks like a bad Airbnb investment with a projected -12.27% first-year return on $103k initial cash invested.

-12.27%

Cash On Cash

3.09%

Cap Rate

0.53

DSCR

$2,964

Rent

-$1,057

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,300

Closing costs

1%

$4,065

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,964

Total Expenses

$4,021

Mortgage P&I

67%

$1,984

Property Taxes

15%

$456

Home Insurance

5%

$157

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$741

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