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2001 Court Dr, Palestine, TX 75803

3 beds • 2 baths • 2210 sqft

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This property could be a profitable Airbnb investment with a projected 23.6% first-year return on $42,864 initial cash invested.

23.6%

Cash On Cash

15.66%

Cap Rate

2.68

DSCR

$3,124

Rent

$843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,124 income − $2,281 expenses = $843 cash flow

Income$3,124Mortgage P&I$57718%Property Taxes$943%Insurance$1104%Management$46915%CapEx$1254%Maintenance$1254%Other$78125%Cash Flow$843

Investment Breakdown

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Purchase Price

$118k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,864

Downpayment

20%

$23,680

Closing costs

1%

$1,184

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$3,124

Total Expenses

$2,281

Mortgage P&I

18%

$577

Property Taxes

3%

$94

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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