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1834 S Park Ave, Denison, TX 75020

3 beds • 2 baths • 1972 sqft

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This property looks like a bad Airbnb investment with a projected -16.07% first-year return on $102k initial cash invested.

-16.07%

Cash On Cash

2.35%

Cap Rate

0.39

DSCR

$3,100

Rent

-$1,363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,100 income − $4,463 expenses = $1,363 out of pocket

Income$3,100Out of Pocket$1,363Mortgage P&I$2,02065%Property Taxes$81526%Insurance$1405%Management$46515%CapEx$1244%Maintenance$1244%Other$77525%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,100

Total Expenses

$4,463

Mortgage P&I

65%

$2,020

Property Taxes

26%

$815

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$465

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$775

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