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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 -5.02% first-year return on $80,790 initial cash invested.

-5.02%

Cash On Cash

5.16%

Cap Rate

0.86

DSCR

$3,081

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,081 income − $3,419 expenses = $338 out of pocket

Income$3,081Out of Pocket$338Mortgage P&I$1,50049%Property Taxes$33611%Insurance$1053%Management$46215%CapEx$1234%Maintenance$1234%Other$77025%

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

$3,081

Total Expenses

$3,419

Mortgage P&I

49%

$1,500

Property Taxes

11%

$336

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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