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24126 Cane Fields Rd, Katy, TX 77493

3 beds • 2 baths • 2563 sqft

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This property looks like a bad Airbnb investment with a projected -12.37% first-year return on $105k initial cash invested.

-12.37%

Cash On Cash

3.31%

Cap Rate

0.55

DSCR

$3,490

Rent

-$1,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,490 income − $4,567 expenses = $1,077 out of pocket

Income$3,490Out of Pocket$1,077Mortgage P&I$2,07259%Property Taxes$67519%Insurance$1444%Management$52415%CapEx$1404%Maintenance$1404%Other$87225%

Investment Breakdown

|

Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,400

Closing costs

1%

$4,120

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,490

Total Expenses

$4,567

Mortgage P&I

59%

$2,072

Property Taxes

19%

$675

Home Insurance

4%

$144

HOA

0%

$0

Property Management

15%

$524

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$872

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