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21347 Rachel Manor Dr, Hockley, TX 77447

3 beds • 2 baths • 1426 sqft

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This property looks like a bad Airbnb investment with a projected -16.48% first-year return on $70,500 initial cash invested.

-16.48%

Cash On Cash

1.79%

Cap Rate

0.29

DSCR

$1,823

Rent

-$968

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,823 income − $2,791 expenses = $968 out of pocket

Income$1,823Out of Pocket$968Mortgage P&I$1,26870%Property Taxes$51028%Insurance$885%HOA$503%Management$27315%CapEx$734%Maintenance$734%Other$45625%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,823

Total Expenses

$2,791

Mortgage P&I

70%

$1,268

Property Taxes

28%

$510

Home Insurance

5%

$88

HOA

3%

$50

Property Management

15%

$273

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$456

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