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23460 Smith Rd, Porter, TX 77365

3 beds • 2 baths • 2213 sqft

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This property looks like a bad Airbnb investment with a projected -22.13% first-year return on $122k initial cash invested.

-22.13%

Cash On Cash

0.74%

Cap Rate

0.12

DSCR

$1,749

Rent

-$2,249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,749 income − $3,998 expenses = $2,249 out of pocket

Income$1,749Out of Pocket$2,249Mortgage P&I$2,483142%Property Taxes$50329%Insurance$17310%Management$26215%CapEx$704%Maintenance$704%Other$43725%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,749

Total Expenses

$3,998

Mortgage P&I

142%

$2,483

Property Taxes

29%

$503

Home Insurance

10%

$173

HOA

0%

$0

Property Management

15%

$262

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$437

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