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2924 Peninsula Way, Carrollton, TX 75007

3 beds • 3 baths • 1804 sqft

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This property looks like a bad Airbnb investment with a projected -3.65% first-year return on $99,354 initial cash invested.

-3.65%

Cash On Cash

5.58%

Cap Rate

0.93

DSCR

$4,313

Rent

-$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,313 income − $4,615 expenses = $302 out of pocket

Income$4,313Out of Pocket$302Mortgage P&I$1,93145%Property Taxes$47611%Insurance$1373%Management$64715%CapEx$1734%Maintenance$1734%Other$1,07825%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,354

Downpayment

20%

$77,480

Closing costs

1%

$3,874

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,313

Total Expenses

$4,615

Mortgage P&I

45%

$1,931

Property Taxes

11%

$476

Home Insurance

3%

$137

HOA

0%

$0

Property Management

15%

$647

CapEx

4%

$173

Vacancy

0%

$0

Maintenance

4%

$173

Other

25%

$1,078

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