REI Lense

REI Lense

Unlock all features! Tap here to upgrade

209 Boardwalk Ave, Waxahachie, TX 75165

3 beds • 2 baths • 2201 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.36% first-year return on $101k initial cash invested.

-12.36%

Cash On Cash

3%

Cap Rate

0.52

DSCR

$3,322

Rent

-$1,041

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,322 income − $4,363 expenses = $1,041 out of pocket

Income$3,322Out of Pocket$1,041Mortgage P&I$1,89757%Property Taxes$73222%Insurance$1404%Management$49815%CapEx$1334%Maintenance$1334%Other$83025%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,100

Closing costs

1%

$3,955

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,322

Total Expenses

$4,363

Mortgage P&I

57%

$1,897

Property Taxes

22%

$732

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis