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2233 San Simeon Dr, Mesquite, TX 75181

4 beds • 3 baths • 3012 sqft

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This property looks like a bad Airbnb investment with a projected -9.27% first-year return on $101k initial cash invested.

-9.27%

Cash On Cash

3.8%

Cap Rate

0.65

DSCR

$3,731

Rent

-$779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$73,220

Closing costs

1%

$3,661

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$3,731

Total Expenses

$4,510

Mortgage P&I

48%

$1,790

Property Taxes

20%

$749

Home Insurance

4%

$133

HOA

1%

$47

Property Management

15%

$560

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$933

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