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21602 Tophill Dr, Spring, TX 77388

3 beds • 3 baths • 1284 sqft

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This property looks like a bad Airbnb investment with a projected -11.32% first-year return on $96,750 initial cash invested.

-11.32%

Cash On Cash

3.71%

Cap Rate

0.59

DSCR

$2,981

Rent

-$913

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,981 income − $3,894 expenses = $913 out of pocket

Income$2,981Out of Pocket$913Mortgage P&I$1,95366%Property Taxes$38013%Insurance$1314%Management$44715%CapEx$1194%Maintenance$1194%Other$74525%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,981

Total Expenses

$3,894

Mortgage P&I

66%

$1,953

Property Taxes

13%

$380

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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