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2212 Southern Ct, Carrollton, TX 75006

3 beds • 3 baths • 2508 sqft

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This property looks like a bad Airbnb investment with a projected -17.6% first-year return on $127k initial cash invested.

-17.6%

Cash On Cash

1.84%

Cap Rate

0.31

DSCR

$2,958

Rent

-$1,863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $4,821 expenses = $1,863 out of pocket

Income$2,958Out of Pocket$1,863Mortgage P&I$2,54186%Property Taxes$67323%Insurance$1876%Management$44415%CapEx$1184%Maintenance$1184%Other$74025%

Investment Breakdown

|

Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,190

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,958

Total Expenses

$4,821

Mortgage P&I

86%

$2,541

Property Taxes

23%

$673

Home Insurance

6%

$187

HOA

0%

$0

Property Management

15%

$444

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$740

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