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2448 Clearspring Dr N, Irving, TX 75063

3 beds • 3 baths • 2715 sqft

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This property looks like a bad Airbnb investment with a projected -21.31% first-year return on $172k initial cash invested.

-21.31%

Cash On Cash

1.2%

Cap Rate

0.2

DSCR

$3,994

Rent

-$3,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$735k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,350

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,994

Total Expenses

$7,055

Mortgage P&I

91%

$3,633

Property Taxes

25%

$1,015

Home Insurance

6%

$257

HOA

6%

$233

Property Management

15%

$599

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$998

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