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21003 Prairie Green Ct, Richmond, TX 77406

3 beds • 3 baths • 2790 sqft

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This property looks like a bad Airbnb investment with a projected -25.89% first-year return on $99,879 initial cash invested.

-25.89%

Cash On Cash

-0.3%

Cap Rate

-0.05

DSCR

$1,741

Rent

-$2,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,741 income − $3,896 expenses = $2,155 out of pocket

Income$1,741Out of Pocket$2,155Mortgage P&I$1,986114%Property Taxes$86350%Insurance$1368%HOA$754%Management$26115%CapEx$704%Maintenance$704%Other$43525%

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,741

Total Expenses

$3,896

Mortgage P&I

114%

$1,986

Property Taxes

50%

$863

Home Insurance

8%

$136

HOA

4%

$75

Property Management

15%

$261

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$435

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