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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 -1.38% first-year return on $84,255 initial cash invested.

-1.38%

Cash On Cash

6.16%

Cap Rate

1.04

DSCR

$4,001

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,001 income − $4,098 expenses = $97 out of pocket

Income$4,001Out of Pocket$97Mortgage P&I$1,55639%Property Taxes$51013%Insurance$1123%Management$60015%CapEx$1604%Maintenance$1604%Other$1,00025%

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

$4,001

Total Expenses

$4,098

Mortgage P&I

39%

$1,556

Property Taxes

13%

$510

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$600

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,000

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