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2833 Clearmeadow Dr, Mesquite, TX 75181

3 beds • 2 baths • 1624 sqft

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This property looks like a bad Airbnb investment with a projected -12.4% first-year return on $79,068 initial cash invested.

-12.4%

Cash On Cash

3.19%

Cap Rate

0.52

DSCR

$2,618

Rent

-$817

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,618 income − $3,435 expenses = $817 out of pocket

Income$2,618Out of Pocket$817Mortgage P&I$1,48557%Property Taxes$59023%Insurance$1034%Management$39315%CapEx$1054%Maintenance$1054%Other$65425%

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,068

Downpayment

20%

$58,160

Closing costs

1%

$2,908

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,618

Total Expenses

$3,435

Mortgage P&I

57%

$1,485

Property Taxes

23%

$590

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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