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228 Forest Lk, Longview, TX 75605

3 beds • 2 baths • 1998 sqft

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This property might be a fair Airbnb investment with a projected 5.22% first-year return on $72,600 initial cash invested.

5.22%

Cash On Cash

7.92%

Cap Rate

1.35

DSCR

$3,287

Rent

$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,287

Total Expenses

$2,971

Mortgage P&I

39%

$1,268

Property Taxes

1%

$35

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$493

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$822

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