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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 -28.13% first-year return on $249k initial cash invested.

-28.13%

Cash On Cash

-0.29%

Cap Rate

-0.05

DSCR

$727

Rent

-$5,833

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$727 income − $6,560 expenses = $5,833 out of pocket

Income$727Out of Pocket$5,833Mortgage P&I$5,542762%Property Taxes$28439%Insurance$38553%Management$10915%CapEx$294%Maintenance$294%Other$18225%

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

$727

Total Expenses

$6,560

Mortgage P&I

762%

$5,542

Property Taxes

39%

$284

Home Insurance

53%

$385

HOA

0%

$0

Property Management

15%

$109

CapEx

4%

$29

Vacancy

0%

$0

Maintenance

4%

$29

Other

25%

$182

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