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2616 Ashley Dr, Garland, TX 75041

3 beds • 2 baths • 1870 sqft

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This property looks like a bad Airbnb investment with a projected -11.81% first-year return on $86,250 initial cash invested.

-11.81%

Cash On Cash

3.26%

Cap Rate

0.54

DSCR

$2,714

Rent

-$849

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,714 income − $3,563 expenses = $849 out of pocket

Income$2,714Out of Pocket$849Mortgage P&I$1,62360%Property Taxes$52319%Insurance$1144%Management$40715%CapEx$1094%Maintenance$1094%Other$67825%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,714

Total Expenses

$3,563

Mortgage P&I

60%

$1,623

Property Taxes

19%

$523

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$407

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$678

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