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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 -13.19% first-year return on $86,250 initial cash invested.

-13.19%

Cash On Cash

2.87%

Cap Rate

0.48

DSCR

$2,524

Rent

-$948

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,524 income − $3,472 expenses = $948 out of pocket

Income$2,524Out of Pocket$948Mortgage P&I$1,62364%Property Taxes$52321%Insurance$1145%Management$37915%CapEx$1014%Maintenance$1014%Other$63125%

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

$2,524

Total Expenses

$3,472

Mortgage P&I

64%

$1,623

Property Taxes

21%

$523

Home Insurance

5%

$114

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$631

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