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2024 Custer Pkwy, Richardson, TX 75080

3 beds • 2 baths • 1482 sqft

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This property looks like a bad Airbnb investment with a projected -11.1% first-year return on $91,500 initial cash invested.

-11.1%

Cash On Cash

3.66%

Cap Rate

0.6

DSCR

$3,258

Rent

-$846

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,258 income − $4,104 expenses = $846 out of pocket

Income$3,258Out of Pocket$846Mortgage P&I$1,78355%Property Taxes$63620%Insurance$1224%Management$48915%CapEx$1304%Maintenance$1304%Other$81425%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,258

Total Expenses

$4,104

Mortgage P&I

55%

$1,783

Property Taxes

20%

$636

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$814

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