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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 -10.73% first-year return on $91,500 initial cash invested.

-10.73%

Cash On Cash

3.76%

Cap Rate

0.62

DSCR

$3,314

Rent

-$818

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,314 income − $4,132 expenses = $818 out of pocket

Income$3,314Out of Pocket$818Mortgage P&I$1,78354%Property Taxes$63619%Insurance$1224%Management$49715%CapEx$1334%Maintenance$1334%Other$82825%

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

$3,314

Total Expenses

$4,132

Mortgage P&I

54%

$1,783

Property Taxes

19%

$636

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$497

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$828

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