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23016 Glenwood Blvd, Hockley, TX 77447

3 beds • 2 baths • 2187 sqft

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This property looks like a bad Airbnb investment with a projected -16.38% first-year return on $159k initial cash invested.

-16.38%

Cash On Cash

2.11%

Cap Rate

0.37

DSCR

$3,115

Rent

-$2,175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$673k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$135k

Closing costs

1%

$6,731

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,115

Total Expenses

$5,290

Mortgage P&I

104%

$3,233

Property Taxes

10%

$321

Home Insurance

8%

$240

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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