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2430 Fairway Pointe Dr, League City, TX 77573

3 beds • 2 baths • 1919 sqft

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This property looks like a bad Airbnb investment with a projected -10.21% first-year return on $101k initial cash invested.

-10.21%

Cash On Cash

3.85%

Cap Rate

0.64

DSCR

$3,385

Rent

-$859

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,385 income − $4,244 expenses = $859 out of pocket

Income$3,385Out of Pocket$859Mortgage P&I$1,99059%Property Taxes$42513%Insurance$1384%HOA$672%Management$50815%CapEx$1354%Maintenance$1354%Other$84625%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,385

Total Expenses

$4,244

Mortgage P&I

59%

$1,990

Property Taxes

13%

$425

Home Insurance

4%

$138

HOA

2%

$67

Property Management

15%

$508

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$846

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