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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 -12.12% first-year return on $70,500 initial cash invested.

-12.12%

Cash On Cash

3.12%

Cap Rate

0.51

DSCR

$2,318

Rent

-$712

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,318 income − $3,030 expenses = $712 out of pocket

Income$2,318Out of Pocket$712Mortgage P&I$1,26855%Property Taxes$51022%Insurance$884%HOA$502%Management$34815%CapEx$934%Maintenance$934%Other$58025%

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

$2,318

Total Expenses

$3,030

Mortgage P&I

55%

$1,268

Property Taxes

22%

$510

Home Insurance

4%

$88

HOA

2%

$50

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$580

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