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1838 Rock Fence Dr, Richmond, TX 77406

3 beds • 2 baths • 1919 sqft

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This property looks like a bad Airbnb investment with a projected -22.32% first-year return on $96,540 initial cash invested.

-22.32%

Cash On Cash

0.62%

Cap Rate

0.1

DSCR

$1,424

Rent

-$1,796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,424 income − $3,220 expenses = $1,796 out of pocket

Income$1,424Out of Pocket$1,796Mortgage P&I$1,932136%Property Taxes$45232%Insurance$1319%HOA$211%Management$21415%CapEx$574%Maintenance$574%Other$35625%

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,540

Downpayment

20%

$74,800

Closing costs

1%

$3,740

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,424

Total Expenses

$3,220

Mortgage P&I

136%

$1,932

Property Taxes

32%

$452

Home Insurance

9%

$131

HOA

1%

$21

Property Management

15%

$214

CapEx

4%

$57

Vacancy

0%

$0

Maintenance

4%

$57

Other

25%

$356

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