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2929 Tangleglen Dr, Rockwall, TX 75032

3 beds • 2 baths • 2148 sqft

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This property looks like a bad Airbnb investment with a projected -10.24% first-year return on $86,250 initial cash invested.

-10.24%

Cash On Cash

3.75%

Cap Rate

0.62

DSCR

$2,958

Rent

-$736

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $3,694 expenses = $736 out of pocket

Income$2,958Out of Pocket$736Mortgage P&I$1,63455%Property Taxes$46916%Insurance$1144%HOA$572%Management$44415%CapEx$1184%Maintenance$1184%Other$74025%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,958

Total Expenses

$3,694

Mortgage P&I

55%

$1,634

Property Taxes

16%

$469

Home Insurance

4%

$114

HOA

2%

$57

Property Management

15%

$444

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$740

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