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27089 Meadowmore Dr, Whitney, TX 76692

3 beds • 2 baths • 2490 sqft

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This property looks like a bad Airbnb investment with a projected -24.06% first-year return on $120k initial cash invested.

-24.06%

Cash On Cash

0.04%

Cap Rate

0.01

DSCR

$2,047

Rent

-$2,412

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,047 income − $4,459 expenses = $2,412 out of pocket

Income$2,047Out of Pocket$2,412Mortgage P&I$2,346115%Property Taxes$70634%Insurance$1749%HOA$25012%Management$30715%CapEx$824%Maintenance$824%Other$51225%

Investment Breakdown

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Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,440

Closing costs

1%

$4,872

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,047

Total Expenses

$4,459

Mortgage P&I

115%

$2,346

Property Taxes

34%

$706

Home Insurance

9%

$174

HOA

12%

$250

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$512

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