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2609 Castle Rd, Burleson, TX 76028

3 beds • 2 baths • 1955 sqft

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This property looks like a bad Airbnb investment with a projected -10.32% first-year return on $110k initial cash invested.

-10.32%

Cash On Cash

4.51%

Cap Rate

0.68

DSCR

$4,192

Rent

-$944

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,192 income − $5,136 expenses = $944 out of pocket

Income$4,192Out of Pocket$944Mortgage P&I$2,41858%Property Taxes$54713%Insurance$1584%Management$62915%CapEx$1684%Maintenance$1684%Other$1,04825%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,420

Closing costs

1%

$4,371

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,192

Total Expenses

$5,136

Mortgage P&I

58%

$2,418

Property Taxes

13%

$547

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$629

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,048

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