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2519 Sandy Point Dr, Richmond, TX 77406

3 beds • 3 baths • 3007 sqft

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This property looks like a bad Airbnb investment with a projected -27.39% first-year return on $186k initial cash invested.

-27.39%

Cash On Cash

-0.42%

Cap Rate

-0.07

DSCR

$2,093

Rent

-$4,245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,093 income − $6,338 expenses = $4,245 out of pocket

Income$2,093Out of Pocket$4,245Mortgage P&I$3,882185%Property Taxes$1,00448%Insurance$28013%HOA$1678%Management$31415%CapEx$844%Maintenance$844%Other$52325%

Investment Breakdown

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Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$7,999

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,093

Total Expenses

$6,338

Mortgage P&I

185%

$3,882

Property Taxes

48%

$1,004

Home Insurance

13%

$280

HOA

8%

$167

Property Management

15%

$314

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$523

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