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19915 Shore Meadows Ln, Richmond, TX 77407

3 beds • 2 baths • 1768 sqft

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This property looks like a bad Airbnb investment with a projected -5.18% first-year return on $77,577 initial cash invested.

-5.18%

Cash On Cash

4.9%

Cap Rate

0.85

DSCR

$3,162

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,577

Downpayment

20%

$56,740

Closing costs

1%

$2,837

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,162

Total Expenses

$3,497

Mortgage P&I

43%

$1,367

Property Taxes

14%

$440

Home Insurance

3%

$102

HOA

2%

$72

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$790

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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4

3

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4

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1.3 mi

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2

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0.9 mi

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5

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0.6 mi

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2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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