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21242 Redcrest Manor Dr, Richmond, TX 77406

3 beds • 4 baths • 3577 sqft

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This property looks like a bad Airbnb investment with a projected -24.68% first-year return on $185k initial cash invested.

-24.68%

Cash On Cash

0.39%

Cap Rate

0.07

DSCR

$3,450

Rent

-$3,804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$795k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,450

Total Expenses

$7,254

Mortgage P&I

114%

$3,925

Property Taxes

38%

$1,316

Home Insurance

8%

$278

HOA

2%

$79

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$862

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