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2573 Cinnamon Springs Rd, Red Oak, TX 75154

3 beds • 2 baths • 1770 sqft

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This property looks like a bad Airbnb investment with a projected -13.62% first-year return on $90,576 initial cash invested.

-13.62%

Cash On Cash

2.88%

Cap Rate

0.47

DSCR

$2,674

Rent

-$1,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,674 income − $3,702 expenses = $1,028 out of pocket

Income$2,674Out of Pocket$1,028Mortgage P&I$1,75165%Property Taxes$50919%Insurance$1225%HOA$371%Management$40115%CapEx$1074%Maintenance$1074%Other$66825%

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,576

Downpayment

20%

$69,120

Closing costs

1%

$3,456

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,674

Total Expenses

$3,702

Mortgage P&I

65%

$1,751

Property Taxes

19%

$509

Home Insurance

5%

$122

HOA

1%

$37

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$668

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