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24204 Creekwood Dr, Spring, TX 77389

3 beds • 3 baths • 1788 sqft

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This property looks like a bad Airbnb investment with a projected -2.25% first-year return on $69,450 initial cash invested.

-2.25%

Cash On Cash

6.69%

Cap Rate

1.01

DSCR

$3,471

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,471 income − $3,601 expenses = $130 out of pocket

Income$3,471Out of Pocket$130Mortgage P&I$1,35739%Property Taxes$49114%Insurance$862%Management$52115%CapEx$1394%Maintenance$1394%Other$86825%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,471

Total Expenses

$3,601

Mortgage P&I

39%

$1,357

Property Taxes

14%

$491

Home Insurance

2%

$86

HOA

0%

$0

Property Management

15%

$521

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$868

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