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228 Merida Dr, Donna, TX 78537

3 beds • 2 baths • 1282 sqft

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This property looks like a bad Airbnb investment with a projected -14.18% first-year return on $62,100 initial cash invested.

-14.18%

Cash On Cash

2.43%

Cap Rate

0.39

DSCR

$1,597

Rent

-$734

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,597 income − $2,331 expenses = $734 out of pocket

Income$1,597Out of Pocket$734Mortgage P&I$1,09669%Property Taxes$39425%Insurance$745%Management$24015%CapEx$644%Maintenance$644%Other$39925%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,597

Total Expenses

$2,331

Mortgage P&I

69%

$1,096

Property Taxes

25%

$394

Home Insurance

5%

$74

HOA

0%

$0

Property Management

15%

$240

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$399

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