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24111 Kingdom Isle Ln, Katy, TX 77493

3 beds • 2 baths • 2164 sqft

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This property looks like a bad Airbnb investment with a projected -13.51% first-year return on $89,610 initial cash invested.

-13.51%

Cash On Cash

2.97%

Cap Rate

0.49

DSCR

$3,316

Rent

-$1,009

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $4,325 expenses = $1,009 out of pocket

Income$3,316Out of Pocket$1,009Mortgage P&I$1,72152%Property Taxes$81525%Insurance$1153%HOA$822%Management$49715%CapEx$1334%Maintenance$1334%Other$82925%

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,610

Downpayment

20%

$68,200

Closing costs

1%

$3,410

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,316

Total Expenses

$4,325

Mortgage P&I

52%

$1,721

Property Taxes

25%

$815

Home Insurance

3%

$115

HOA

2%

$82

Property Management

15%

$497

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$829

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