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306 Derick Dr, Fate, TX 75189

3 beds • 3 baths • 1860 sqft

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This property looks like a bad Airbnb investment with a projected -13.84% first-year return on $105k initial cash invested.

-13.84%

Cash On Cash

2.79%

Cap Rate

0.47

DSCR

$3,085

Rent

-$1,206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,440

Closing costs

1%

$4,122

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,085

Total Expenses

$4,291

Mortgage P&I

66%

$2,041

Property Taxes

20%

$623

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$463

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$771

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