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305 Fairland Dr, Wylie, TX 75098

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Airbnb investment with a projected -4.7% first-year return on $88,581 initial cash invested.

-4.7%

Cash On Cash

5.15%

Cap Rate

0.88

DSCR

$3,880

Rent

-$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,581

Downpayment

20%

$67,220

Closing costs

1%

$3,361

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,880

Total Expenses

$4,227

Mortgage P&I

42%

$1,635

Property Taxes

14%

$547

Home Insurance

4%

$140

HOA

1%

$43

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$970

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