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2929 Fairfax Dr, Tyler, TX 75701

3 beds • 2 baths • 1839 sqft

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This property looks like a bad Airbnb investment with a projected -0.27% first-year return on $67,371 initial cash invested.

-0.27%

Cash On Cash

6.42%

Cap Rate

1.08

DSCR

$2,729

Rent

-$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,729 income − $2,744 expenses = $15 out of pocket

Income$2,729Out of Pocket$15Mortgage P&I$1,16443%Property Taxes$1807%Insurance$913%Management$40915%CapEx$1094%Maintenance$1094%Other$68225%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,371

Downpayment

20%

$47,020

Closing costs

1%

$2,351

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,729

Total Expenses

$2,744

Mortgage P&I

43%

$1,164

Property Taxes

7%

$180

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$682

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