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1905 Concord Rd, Pasadena, TX 77502

3 beds • 2 baths • 1325 sqft

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This property looks like a bad Airbnb investment with a projected -3.81% first-year return on $66,720 initial cash invested.

-3.81%

Cash On Cash

5.5%

Cap Rate

0.91

DSCR

$2,516

Rent

-$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$232k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,720

Downpayment

20%

$46,400

Closing costs

1%

$2,320

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,516

Total Expenses

$2,728

Mortgage P&I

47%

$1,175

Property Taxes

10%

$264

Home Insurance

3%

$81

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$629

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Beds

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5

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2

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$2,850

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