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1902 Strait Ln, Garland, TX 75042

2 beds • 2 baths • 1360 sqft

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This property looks like a bad Airbnb investment with a projected -22.02% first-year return on $72,543 initial cash invested.

-22.02%

Cash On Cash

0.82%

Cap Rate

0.14

DSCR

$1,934

Rent

-$1,331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,543

Downpayment

20%

$57,660

Closing costs

1%

$2,883

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$1,934

Total Expenses

$3,265

Mortgage P&I

75%

$1,450

Property Taxes

30%

$584

Home Insurance

5%

$103

HOA

10%

$200

Property Management

15%

$290

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$484

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