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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 -20.62% first-year return on $159k initial cash invested.

-20.62%

Cash On Cash

1.03%

Cap Rate

0.18

DSCR

$2,031

Rent

-$2,738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,031 income − $4,769 expenses = $2,738 out of pocket

Income$2,031Out of Pocket$2,738Mortgage P&I$3,233159%Property Taxes$32116%Insurance$24012%Management$30515%CapEx$814%Maintenance$814%Other$50825%

Investment Breakdown

|

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

$2,031

Total Expenses

$4,769

Mortgage P&I

159%

$3,233

Property Taxes

16%

$321

Home Insurance

12%

$240

HOA

0%

$0

Property Management

15%

$305

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$508

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