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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 -12.23% first-year return on $105k initial cash invested.

-12.23%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$3,354

Rent

-$1,066

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,354 income − $4,420 expenses = $1,066 out of pocket

Income$3,354Out of Pocket$1,066Mortgage P&I$2,04161%Property Taxes$62319%Insurance$1474%Management$50315%CapEx$1344%Maintenance$1344%Other$83825%

Investment Breakdown

|

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

$3,354

Total Expenses

$4,420

Mortgage P&I

61%

$2,041

Property Taxes

19%

$623

Home Insurance

4%

$147

HOA

0%

$0

Property Management

15%

$503

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$838

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