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27974 Southland Dr, Splendora, TX 77372

3 beds • 2 baths • 1545 sqft

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This property looks like a bad Airbnb investment with a projected -17.08% first-year return on $102k initial cash invested.

-17.08%

Cash On Cash

1.71%

Cap Rate

0.29

DSCR

$2,015

Rent

-$1,452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,015 income − $3,467 expenses = $1,452 out of pocket

Income$2,015Out of Pocket$1,452Mortgage P&I$1,94096%Property Taxes$41921%Insurance$1407%Management$30215%CapEx$814%Maintenance$814%Other$50425%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,015

Total Expenses

$3,467

Mortgage P&I

96%

$1,940

Property Taxes

21%

$419

Home Insurance

7%

$140

HOA

0%

$0

Property Management

15%

$302

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$504

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