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2438 Albans Rd, Houston, TX 77005

3 beds • 3 baths • 2081 sqft

$1,050,000

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This property looks like a bad Airbnb investment with a projected -23.09% first-year return on $239k initial cash invested.

-23.09%

Cash On Cash

1.06%

Cap Rate

0.17

DSCR

$4,654

Rent

-$4,590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,654 income − $9,244 expenses = $4,590 out of pocket

Income$4,654Out of Pocket$4,590Mortgage P&I$5,335115%Property Taxes$1,30728%Insurance$3688%Management$69815%CapEx$1864%Maintenance$1864%Other$1,16425%

Investment Breakdown

|

Purchase Price

$1050k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$210k

Closing costs

1%

$10,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,654

Total Expenses

$9,244

Mortgage P&I

115%

$5,335

Property Taxes

28%

$1,307

Home Insurance

8%

$368

HOA

0%

$0

Property Management

15%

$698

CapEx

4%

$186

Vacancy

0%

$0

Maintenance

4%

$186

Other

25%

$1,164

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