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30403 Walnut Creek Rd, Magnolia, TX 77355

3 beds • 2 baths • 2824 sqft

$1,200,000

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This property looks like a bad Airbnb investment with a projected -25.42% first-year return on $270k initial cash invested.

-25.42%

Cash On Cash

0.43%

Cap Rate

0.07

DSCR

$2,644

Rent

-$5,720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,644 income − $8,364 expenses = $5,720 out of pocket

Income$2,644Out of Pocket$5,720Mortgage P&I$6,046229%Property Taxes$62824%Insurance$42016%Management$39715%CapEx$1064%Maintenance$1064%Other$66125%

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,644

Total Expenses

$8,364

Mortgage P&I

229%

$6,046

Property Taxes

24%

$628

Home Insurance

16%

$420

HOA

0%

$0

Property Management

15%

$397

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$661

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