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18706 Grand Harbor Point, Montgomery, TX 77356

3 beds • 3 baths • 3278 sqft

$1,067,900

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This property looks like a bad Airbnb investment with a projected -28.13% first-year return on $242k initial cash invested.

-28.13%

Cash On Cash

-0.23%

Cap Rate

-0.04

DSCR

$2,938

Rent

-$5,679

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,938 income − $8,617 expenses = $5,679 out of pocket

Income$2,938Out of Pocket$5,679Mortgage P&I$5,358182%Property Taxes$1,33045%Insurance$38513%HOA$1335%Management$44115%CapEx$1184%Maintenance$1184%Other$73425%

Investment Breakdown

|

Purchase Price

$1068k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$214k

Closing costs

1%

$10,679

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,938

Total Expenses

$8,617

Mortgage P&I

182%

$5,358

Property Taxes

45%

$1,330

Home Insurance

13%

$385

HOA

5%

$133

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$734

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