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240 Resting Place Rd, Waxahachie, TX 75165

3 beds • 2 baths • 2314 sqft

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This property looks like a bad Airbnb investment with a projected -21.8% first-year return on $103k initial cash invested.

-21.8%

Cash On Cash

0.9%

Cap Rate

0.15

DSCR

$2,129

Rent

-$1,870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,129 income − $3,999 expenses = $1,870 out of pocket

Income$2,129Out of Pocket$1,870Mortgage P&I$2,08898%Property Taxes$70433%Insurance$1447%HOA$422%Management$31915%CapEx$854%Maintenance$854%Other$53225%

Investment Breakdown

|

Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,880

Closing costs

1%

$4,044

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,129

Total Expenses

$3,999

Mortgage P&I

98%

$2,088

Property Taxes

33%

$704

Home Insurance

7%

$144

HOA

2%

$42

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

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