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1905 Piney Creek Blvd, Denton, TX 76205

3 beds • 2 baths • 1457 sqft

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This property looks like a bad Airbnb investment with a projected -6.27% first-year return on $85,494 initial cash invested.

-6.27%

Cash On Cash

4.72%

Cap Rate

0.8

DSCR

$3,459

Rent

-$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,494

Downpayment

20%

$64,280

Closing costs

1%

$3,214

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,459

Total Expenses

$3,906

Mortgage P&I

45%

$1,572

Property Taxes

14%

$500

Home Insurance

3%

$114

HOA

2%

$60

Property Management

15%

$519

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$865

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2

1.49 mi

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2

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3

2

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1.3 mi

1255 S Forest Knoll St

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2

1

0.9 mi

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$2,850

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5

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

4

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