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217 Ridgeside, Montgomery, TX 77316

3 beds • 2 baths • 1216 sqft

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This property might be a fair Airbnb investment with a projected 5.33% first-year return on $48,450 initial cash invested.

5.33%

Cash On Cash

8.65%

Cap Rate

1.4

DSCR

$2,145

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,145 income − $1,930 expenses = $215 cash flow

Income$2,145Mortgage P&I$74435%Property Taxes$733%Insurance$512%HOA$321%Management$32215%CapEx$864%Maintenance$864%Other$53625%Cash Flow$215

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,145

Total Expenses

$1,930

Mortgage P&I

35%

$744

Property Taxes

3%

$73

Home Insurance

2%

$51

HOA

1%

$32

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$536

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