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2206 N 4th St, Longview, TX 75605

4 beds • 3 baths • 2021 sqft

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This property looks like a bad Airbnb investment with a projected -5.72% first-year return on $98,550 initial cash invested.

-5.72%

Cash On Cash

5%

Cap Rate

0.82

DSCR

$3,703

Rent

-$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$3,703

Total Expenses

$4,173

Mortgage P&I

49%

$1,800

Property Taxes

13%

$472

Home Insurance

3%

$124

HOA

0%

$0

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$926

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$2,913

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4

2

0.48 mi

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3

2

0.47 mi

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$3,482

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3

2

0.48 mi

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$4,052

$185

3

2

0.6 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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