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2411 Fern Lacy Dr, Spring, TX 77388

3 beds • 2 baths • 1830 sqft

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This property looks like a bad Airbnb investment with a projected -23.69% first-year return on $86,229 initial cash invested.

-23.69%

Cash On Cash

-0.13%

Cap Rate

-0.02

DSCR

$1,262

Rent

-$1,702

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,262 income − $2,964 expenses = $1,702 out of pocket

Income$1,262Out of Pocket$1,702Mortgage P&I$1,617128%Property Taxes$58747%Insurance$1149%HOA$413%Management$18915%CapEx$504%Maintenance$504%Other$31625%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,262

Total Expenses

$2,964

Mortgage P&I

128%

$1,617

Property Taxes

47%

$587

Home Insurance

9%

$114

HOA

3%

$41

Property Management

15%

$189

CapEx

4%

$50

Vacancy

0%

$0

Maintenance

4%

$50

Other

25%

$316

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