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1903 Oleander Dr, La Marque, TX 77568

3 beds • 2 baths • 1031 sqft

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This property looks like a bad Airbnb investment with a projected -9.38% first-year return on $49,647 initial cash invested.

-9.38%

Cash On Cash

3.27%

Cap Rate

0.55

DSCR

$1,317

Rent

-$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,317 income − $1,705 expenses = $388 out of pocket

Income$1,317Out of Pocket$388Mortgage P&I$74657%Property Taxes$27721%Insurance$494%Management$19815%CapEx$534%Maintenance$534%Other$32925%

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,647

Downpayment

20%

$30,140

Closing costs

1%

$1,507

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,317

Total Expenses

$1,705

Mortgage P&I

57%

$746

Property Taxes

21%

$277

Home Insurance

4%

$49

HOA

0%

$0

Property Management

15%

$198

CapEx

4%

$53

Vacancy

0%

$0

Maintenance

4%

$53

Other

25%

$329

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