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2100 Lake Crest Ln, Wills Point, TX 75169

3 beds • 3 baths • 2758 sqft

$1,550,000

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This property looks like a bad Airbnb investment with a projected -25.99% first-year return on $344k initial cash invested.

-25.99%

Cash On Cash

0.21%

Cap Rate

0.04

DSCR

$2,735

Rent

-$7,440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$344k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,735

Total Expenses

$10,175

Mortgage P&I

278%

$7,599

Property Taxes

25%

$672

Home Insurance

20%

$542

HOA

2%

$50

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$684

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