1802 Overland Stage Rd, Dripping Springs, TX 78620
3 beds • 2 baths • 2432 sqft
$674,900
View on ZillowThis property looks like a bad Airbnb investment with a projected -21.37% first-year return on $160k initial cash invested.
-21.37%
Cash On Cash
1.23%
Cap Rate
0.2
DSCR
$2,944
Rent
-$2,844
Cashflow
Cash Flow
$2,944 income − $5,788 expenses = $2,844 out of pocket
Investment Breakdown
|
Purchase Price
$675k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$160k
Downpayment
20%
$135k
Closing costs
1%
$6,749
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$2,944
Total Expenses
$5,788
Mortgage P&I
116%
$3,416
Property Taxes
24%
$705
Home Insurance
8%
$236
HOA
1%
$17
Property Management
15%
$442
CapEx
4%
$118
Vacancy
0%
$0
Maintenance
4%
$118
Other
25%
$736