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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 -7.42% first-year return on $99,354 initial cash invested.

-7.42%

Cash On Cash

4.54%

Cap Rate

0.76

DSCR

$3,710

Rent

-$614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,710 income − $4,324 expenses = $614 out of pocket

Income$3,710Out of Pocket$614Mortgage P&I$1,93152%Property Taxes$47613%Insurance$1374%Management$55615%CapEx$1484%Maintenance$1484%Other$92825%

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

$3,710

Total Expenses

$4,324

Mortgage P&I

52%

$1,931

Property Taxes

13%

$476

Home Insurance

4%

$137

HOA

0%

$0

Property Management

15%

$556

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$928

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