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24719 Timber Line Dr, Spring, TX 77380

4 beds • 2 baths • 2318 sqft

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This property looks like a bad Airbnb investment with a projected -10.18% first-year return on $97,500 initial cash invested.

-10.18%

Cash On Cash

3.43%

Cap Rate

0.58

DSCR

$2,901

Rent

-$827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$2,901

Total Expenses

$3,728

Mortgage P&I

59%

$1,711

Property Taxes

17%

$499

Home Insurance

4%

$122

HOA

0%

$4

Property Management

15%

$435

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$725

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