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21683 Lotus Elm St, Magnolia, TX 77354

3 beds • 2 baths • 1228 sqft

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This property looks like a bad Airbnb investment with a projected -17.39% first-year return on $78,039 initial cash invested.

-17.39%

Cash On Cash

1.56%

Cap Rate

0.26

DSCR

$1,610

Rent

-$1,131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,610 income − $2,741 expenses = $1,131 out of pocket

Income$1,610Out of Pocket$1,131Mortgage P&I$1,43889%Property Taxes$39124%Insurance$1006%HOA$402%Management$24215%CapEx$644%Maintenance$644%Other$40225%

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,039

Downpayment

20%

$57,180

Closing costs

1%

$2,859

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,610

Total Expenses

$2,741

Mortgage P&I

89%

$1,438

Property Taxes

24%

$391

Home Insurance

6%

$100

HOA

2%

$40

Property Management

15%

$242

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$402

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