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2918 15th Ave N, Texas City, TX 77590

3 beds • 1 baths • 1538 sqft

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This property looks like a bad Airbnb investment with a projected -6.33% first-year return on $59,685 initial cash invested.

-6.33%

Cash On Cash

4.78%

Cap Rate

0.77

DSCR

$1,986

Rent

-$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,685

Downpayment

20%

$39,700

Closing costs

1%

$1,985

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,986

Total Expenses

$2,301

Mortgage P&I

52%

$1,027

Property Taxes

13%

$252

Home Insurance

4%

$70

HOA

0%

$0

Property Management

15%

$298

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$496

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$2,850

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5

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