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217 Spruce Cir, Azle, TX 76020

3 beds • 2 baths • 1740 sqft

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This property looks like a bad Airbnb investment with a projected -0.14% first-year return on $84,255 initial cash invested.

-0.14%

Cash On Cash

6.52%

Cap Rate

1.1

DSCR

$4,171

Rent

-$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,171 income − $4,181 expenses = $10 out of pocket

Income$4,171Out of Pocket$10Mortgage P&I$1,55637%Property Taxes$51012%Insurance$1123%Management$62615%CapEx$1674%Maintenance$1674%Other$1,04325%

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,255

Downpayment

20%

$63,100

Closing costs

1%

$3,155

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,171

Total Expenses

$4,181

Mortgage P&I

37%

$1,556

Property Taxes

12%

$510

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$626

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,043

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