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2035 Elkington Cir, Conroe, TX 77304

3 beds • 2 baths • 2170 sqft

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This property looks like a bad Airbnb investment with a projected -13.43% first-year return on $89,379 initial cash invested.

-13.43%

Cash On Cash

2.75%

Cap Rate

0.47

DSCR

$2,933

Rent

-$1,000

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,933

Total Expenses

$3,933

Mortgage P&I

57%

$1,663

Property Taxes

23%

$689

Home Insurance

4%

$119

HOA

2%

$55

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$733

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