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27019 Concho Trl, Magnolia, TX 77355

3 beds • 3 baths • 2552 sqft

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This property looks like a bad Airbnb investment with a projected -16.68% first-year return on $121k initial cash invested.

-16.68%

Cash On Cash

1.94%

Cap Rate

0.33

DSCR

$2,733

Rent

-$1,680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,980

Closing costs

1%

$4,899

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,733

Total Expenses

$4,413

Mortgage P&I

86%

$2,361

Property Taxes

20%

$554

Home Insurance

6%

$172

HOA

1%

$15

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$683

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