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2607 Letrim St, Pearland, TX 77581

3 beds • 2 baths • 2220 sqft

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This property looks like a bad Airbnb investment with a projected -23.98% first-year return on $123k initial cash invested.

-23.98%

Cash On Cash

0.19%

Cap Rate

0.03

DSCR

$2,044

Rent

-$2,454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,044 income − $4,498 expenses = $2,454 out of pocket

Income$2,044Out of Pocket$2,454Mortgage P&I$2,451120%Property Taxes$87943%Insurance$1759%HOA$111%Management$30715%CapEx$824%Maintenance$824%Other$51125%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,044

Total Expenses

$4,498

Mortgage P&I

120%

$2,451

Property Taxes

43%

$879

Home Insurance

9%

$175

HOA

1%

$11

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$511

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