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24765 Friar Tuck Dr, Hockley, TX 77447

3 beds • 2 baths • 1400 sqft

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This property might be a fair Airbnb investment with a projected 6.27% first-year return on $65,418 initial cash invested.

6.27%

Cash On Cash

8.76%

Cap Rate

1.4

DSCR

$3,268

Rent

$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,268 income − $2,926 expenses = $342 cash flow

Income$3,268Mortgage P&I$1,17636%Property Taxes$1023%Insurance$792%Management$49015%CapEx$1314%Maintenance$1314%Other$81725%Cash Flow$342

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,418

Downpayment

20%

$45,160

Closing costs

1%

$2,258

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,268

Total Expenses

$2,926

Mortgage P&I

36%

$1,176

Property Taxes

3%

$102

Home Insurance

2%

$79

HOA

0%

$0

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$817

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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3

2

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2

2.08 mi

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2

2

1.56 mi

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$2,500

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4

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1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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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

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

Projection Charts

Investment Value YoY

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