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304 Big Antler Ct, Forney, TX 75126

3 beds • 2 baths • 2111 sqft

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This property looks like a bad Airbnb investment with a projected -11.8% first-year return on $125k initial cash invested.

-11.8%

Cash On Cash

3.36%

Cap Rate

0.57

DSCR

$3,521

Rent

-$1,230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,521 income − $4,751 expenses = $1,230 out of pocket

Income$3,521Out of Pocket$1,230Mortgage P&I$2,51571%Property Taxes$1835%Insurance$1785%HOA$1855%Management$52815%CapEx$1414%Maintenance$1414%Other$88025%

Investment Breakdown

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Purchase Price

$510k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,097

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,521

Total Expenses

$4,751

Mortgage P&I

71%

$2,515

Property Taxes

5%

$183

Home Insurance

5%

$178

HOA

5%

$185

Property Management

15%

$528

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$880

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