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280 McGehee Rd, Willis, TX 77378

3 beds • 2 baths • 2728 sqft

$1,099,000

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This property looks like a bad Airbnb investment with a projected -24.07% first-year return on $249k initial cash invested.

-24.07%

Cash On Cash

0.7%

Cap Rate

0.12

DSCR

$2,347

Rent

-$4,991

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,347 income − $7,338 expenses = $4,991 out of pocket

Income$2,347Out of Pocket$4,991Mortgage P&I$5,542236%Property Taxes$28412%Insurance$38516%Management$35215%CapEx$944%Maintenance$944%Other$58725%

Investment Breakdown

|

Purchase Price

$1099k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$10,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,347

Total Expenses

$7,338

Mortgage P&I

236%

$5,542

Property Taxes

12%

$284

Home Insurance

16%

$385

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$587

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