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2023 Mustang Dr, Levelland, TX 79336

3 beds • 2 baths • 2114 sqft

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This property looks like a bad Airbnb investment with a projected -14.39% first-year return on $68,400 initial cash invested.

-14.39%

Cash On Cash

2.67%

Cap Rate

0.42

DSCR

$1,929

Rent

-$820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,929 income − $2,749 expenses = $820 out of pocket

Income$1,929Out of Pocket$820Mortgage P&I$1,27766%Property Taxes$46324%Insurance$844%Management$28915%CapEx$774%Maintenance$774%Other$48225%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,929

Total Expenses

$2,749

Mortgage P&I

66%

$1,277

Property Taxes

24%

$463

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$289

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$482

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