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2006 Clearfield Cir, Richardson, TX 75081

3 beds • 2 baths • 1545 sqft

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This property looks like a bad Airbnb investment with a projected -9.92% first-year return on $102k initial cash invested.

-9.92%

Cash On Cash

4.1%

Cap Rate

0.66

DSCR

$3,793

Rent

-$844

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,793 income − $4,637 expenses = $844 out of pocket

Income$3,793Out of Pocket$844Mortgage P&I$2,06054%Property Taxes$61216%Insurance$1444%Management$56915%CapEx$1524%Maintenance$1524%Other$94825%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,060

Closing costs

1%

$4,003

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,793

Total Expenses

$4,637

Mortgage P&I

54%

$2,060

Property Taxes

16%

$612

Home Insurance

4%

$144

HOA

0%

$0

Property Management

15%

$569

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$948

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