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206 Charleston Ln, Fate, TX 75189

3 beds • 2 baths • 1844 sqft

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This property looks like a bad Airbnb investment with a projected -10.69% first-year return on $86,985 initial cash invested.

-10.69%

Cash On Cash

3.43%

Cap Rate

0.59

DSCR

$2,809

Rent

-$775

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,809 income − $3,584 expenses = $775 out of pocket

Income$2,809Out of Pocket$775Mortgage P&I$1,60157%Property Taxes$43616%Insurance$1154%HOA$853%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,985

Downpayment

20%

$65,700

Closing costs

1%

$3,285

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,809

Total Expenses

$3,584

Mortgage P&I

57%

$1,601

Property Taxes

16%

$436

Home Insurance

4%

$115

HOA

3%

$85

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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