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2425 Larchmont Dr, Mesquite, TX 75150

3 beds • 2 baths • 1826 sqft

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This property looks like a bad Airbnb investment with a projected -8.14% first-year return on $78,123 initial cash invested.

-8.14%

Cash On Cash

4.38%

Cap Rate

0.72

DSCR

$3,062

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,123

Downpayment

20%

$57,260

Closing costs

1%

$2,863

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,062

Total Expenses

$3,592

Mortgage P&I

47%

$1,452

Property Taxes

19%

$568

Home Insurance

3%

$103

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$766

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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2

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2

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2

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4

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1.3 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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