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2702 Belknap Ave, Dallas, TX 75216

3 beds • 2 baths • 1582 sqft

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This property looks like a bad Airbnb investment with a projected -7.49% first-year return on $70,794 initial cash invested.

-7.49%

Cash On Cash

4.35%

Cap Rate

0.73

DSCR

$2,703

Rent

-$442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,703 income − $3,145 expenses = $442 out of pocket

Income$2,703Out of Pocket$442Mortgage P&I$1,24546%Property Taxes$51219%Insurance$913%Management$40515%CapEx$1084%Maintenance$1084%Other$67625%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,794

Downpayment

20%

$50,280

Closing costs

1%

$2,514

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,703

Total Expenses

$3,145

Mortgage P&I

46%

$1,245

Property Taxes

19%

$512

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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