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221 Melany Ln, Longview, TX 75605

3 beds • 3 baths • 2086 sqft

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This property might be a fair Airbnb investment with a projected 0.7% first-year return on $82,134 initial cash invested.

0.7%

Cash On Cash

6.54%

Cap Rate

1.14

DSCR

$3,802

Rent

$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,134

Downpayment

20%

$61,080

Closing costs

1%

$3,054

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,802

Total Expenses

$3,754

Mortgage P&I

39%

$1,465

Property Taxes

9%

$357

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$570

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$950

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