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2306 Silver Plume Ln, Spring, TX 77373

3 beds • 2 baths • 1545 sqft

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This property looks like a bad Airbnb investment with a projected -16.46% first-year return on $70,500 initial cash invested.

-16.46%

Cash On Cash

2.5%

Cap Rate

0.37

DSCR

$2,169

Rent

-$967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,169 income − $3,136 expenses = $967 out of pocket

Income$2,169Out of Pocket$967Mortgage P&I$1,40065%Property Taxes$57426%Insurance$884%HOA$332%Management$32515%CapEx$874%Maintenance$874%Other$54225%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,169

Total Expenses

$3,136

Mortgage P&I

65%

$1,400

Property Taxes

26%

$574

Home Insurance

4%

$88

HOA

2%

$33

Property Management

15%

$325

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$542

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