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2911 Meadowgrass Ln, Houston, TX 77082

3 beds • 3 baths • 2472 sqft

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This property looks like a bad Airbnb investment with a projected -1.09% first-year return on $77,220 initial cash invested.

-1.09%

Cash On Cash

6.05%

Cap Rate

1.06

DSCR

$3,722

Rent

-$70

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,220

Downpayment

20%

$56,400

Closing costs

1%

$2,820

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,722

Total Expenses

$3,792

Mortgage P&I

36%

$1,342

Property Taxes

14%

$524

Home Insurance

3%

$102

HOA

1%

$38

Property Management

15%

$558

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$930

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Your Charming Getaway

$8,414

$494

4

2.5

0.77 mi

King Bed w/Ensuite | Pool Table Lounge | Wet Bar

$2,998

$176

3

2.5

0.08 mi

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$3,287

$193

3

2

0.75 mi

A Modern & Cozy Townhome with good vibes

$2,351

$138

2

2.5

0.24 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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