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302 Morningside Dr, League City, TX 77573

3 beds • 3 baths • 1631 sqft

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This property might be a fair Airbnb investment with a projected 0.7% first-year return on $74,112 initial cash invested.

0.7%

Cash On Cash

6.87%

Cap Rate

1.14

DSCR

$3,634

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,634 income − $3,591 expenses = $43 cash flow

Income$3,634Mortgage P&I$1,34237%Property Taxes$38811%Insurance$913%HOA$271%Management$54515%CapEx$1454%Maintenance$1454%Other$90825%Cash Flow$43

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,112

Downpayment

20%

$53,440

Closing costs

1%

$2,672

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,634

Total Expenses

$3,591

Mortgage P&I

37%

$1,342

Property Taxes

11%

$388

Home Insurance

3%

$91

HOA

1%

$27

Property Management

15%

$545

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$908

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