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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 -10.07% first-year return on $99,354 initial cash invested.

-10.07%

Cash On Cash

3.81%

Cap Rate

0.64

DSCR

$3,290

Rent

-$834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,290 income − $4,124 expenses = $834 out of pocket

Income$3,290Out of Pocket$834Mortgage P&I$1,93159%Property Taxes$47614%Insurance$1374%Management$49415%CapEx$1324%Maintenance$1324%Other$82225%

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

$3,290

Total Expenses

$4,124

Mortgage P&I

59%

$1,931

Property Taxes

14%

$476

Home Insurance

4%

$137

HOA

0%

$0

Property Management

15%

$494

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$822

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