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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 -25.43% first-year return on $99,879 initial cash invested.

-25.43%

Cash On Cash

-0.18%

Cap Rate

-0.03

DSCR

$1,812

Rent

-$2,117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,812 income − $3,929 expenses = $2,117 out of pocket

Income$1,812Out of Pocket$2,117Mortgage P&I$1,986110%Property Taxes$86348%Insurance$1368%HOA$754%Management$27215%CapEx$724%Maintenance$724%Other$45325%

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

$1,812

Total Expenses

$3,929

Mortgage P&I

110%

$1,986

Property Taxes

48%

$863

Home Insurance

8%

$136

HOA

4%

$75

Property Management

15%

$272

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$453

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