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30111 Granum Dr, Spring, TX 77386

3 beds • 2 baths • 2215 sqft

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This property looks like a bad Airbnb investment with a projected -11.6% first-year return on $96,645 initial cash invested.

-11.6%

Cash On Cash

3.46%

Cap Rate

0.57

DSCR

$3,261

Rent

-$934

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,645

Downpayment

20%

$74,900

Closing costs

1%

$3,745

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,261

Total Expenses

$4,195

Mortgage P&I

58%

$1,884

Property Taxes

17%

$563

Home Insurance

4%

$133

HOA

2%

$51

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$815

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