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1821 Quail Run Dr, Corinth, TX 76208

3 beds • 3 baths • 2520 sqft

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This property looks like a bad Airbnb investment with a projected -21.79% first-year return on $153k initial cash invested.

-21.79%

Cash On Cash

1.32%

Cap Rate

0.21

DSCR

$3,253

Rent

-$2,775

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,253 income − $6,028 expenses = $2,775 out of pocket

Income$3,253Out of Pocket$2,775Mortgage P&I$3,352103%Property Taxes$88127%Insurance$2347%Management$48815%CapEx$1304%Maintenance$1304%Other$81325%

Investment Breakdown

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Purchase Price

$642k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$128k

Closing costs

1%

$6,420

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,253

Total Expenses

$6,028

Mortgage P&I

103%

$3,352

Property Taxes

27%

$881

Home Insurance

7%

$234

HOA

0%

$0

Property Management

15%

$488

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$813

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