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23718 County Fair Dr, Hockley, TX 77447

3 beds • 3 baths • 2096 sqft

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This property looks like a bad Airbnb investment with a projected -25.8% first-year return on $142k initial cash invested.

-25.8%

Cash On Cash

0.09%

Cap Rate

0.01

DSCR

$1,591

Rent

-$3,049

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,591 income − $4,640 expenses = $3,049 out of pocket

Income$1,591Out of Pocket$3,049Mortgage P&I$3,027190%Property Taxes$64240%Insurance$20613%Management$23915%CapEx$644%Maintenance$644%Other$39825%

Investment Breakdown

|

Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,895

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,591

Total Expenses

$4,640

Mortgage P&I

190%

$3,027

Property Taxes

40%

$642

Home Insurance

13%

$206

HOA

0%

$0

Property Management

15%

$239

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$398

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