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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 -16.42% first-year return on $105k initial cash invested.

-16.42%

Cash On Cash

2.2%

Cap Rate

0.36

DSCR

$2,808

Rent

-$1,430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,808 income − $4,238 expenses = $1,430 out of pocket

Income$2,808Out of Pocket$1,430Mortgage P&I$2,07274%Property Taxes$67524%Insurance$1445%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

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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

$2,808

Total Expenses

$4,238

Mortgage P&I

74%

$2,072

Property Taxes

24%

$675

Home Insurance

5%

$144

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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