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209 W Southern Ave, Saginaw, TX 76179

3 beds • 2 baths • 2024 sqft

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This property looks like a bad Airbnb investment with a projected -6.71% first-year return on $80,790 initial cash invested.

-6.71%

Cash On Cash

4.66%

Cap Rate

0.77

DSCR

$2,862

Rent

-$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,862 income − $3,314 expenses = $452 out of pocket

Income$2,862Out of Pocket$452Mortgage P&I$1,50052%Property Taxes$33612%Insurance$1054%Management$42915%CapEx$1144%Maintenance$1144%Other$71625%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$3,314

Mortgage P&I

52%

$1,500

Property Taxes

12%

$336

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$716

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