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2502 Planters House Ln, Katy, TX 77449

3 beds • 3 baths • 1490 sqft

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This property looks like a bad Airbnb investment with a projected -8.79% first-year return on $78,627 initial cash invested.

-8.79%

Cash On Cash

4.1%

Cap Rate

0.68

DSCR

$2,892

Rent

-$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,892 income − $3,468 expenses = $576 out of pocket

Income$2,892Out of Pocket$576Mortgage P&I$1,44650%Property Taxes$48517%Insurance$1034%HOA$452%Management$43415%CapEx$1164%Maintenance$1164%Other$72325%

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,627

Downpayment

20%

$57,740

Closing costs

1%

$2,887

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$3,468

Mortgage P&I

50%

$1,446

Property Taxes

17%

$485

Home Insurance

4%

$103

HOA

2%

$45

Property Management

15%

$434

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$723

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