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18839 Mink Lake Dr, Magnolia, TX 77355

3 beds • 3 baths • 2380 sqft

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This property looks like a bad Airbnb investment with a projected -19.62% first-year return on $139k initial cash invested.

-19.62%

Cash On Cash

1.53%

Cap Rate

0.25

DSCR

$2,432

Rent

-$2,269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,432 income − $4,701 expenses = $2,269 out of pocket

Income$2,432Out of Pocket$2,269Mortgage P&I$2,907120%Property Taxes$42618%Insurance$2018%Management$36515%CapEx$974%Maintenance$974%Other$60825%

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,432

Total Expenses

$4,701

Mortgage P&I

120%

$2,907

Property Taxes

18%

$426

Home Insurance

8%

$201

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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