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307 E 8th St, Houston, TX 77007

3 beds • 2 baths • 1957 sqft

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This property looks like a bad Airbnb investment with a projected -24.55% first-year return on $209k initial cash invested.

-24.55%

Cash On Cash

0.57%

Cap Rate

0.09

DSCR

$3,453

Rent

-$4,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,453 income − $7,736 expenses = $4,283 out of pocket

Income$3,453Out of Pocket$4,283Mortgage P&I$4,579133%Property Taxes$1,16834%Insurance$33210%Management$51815%CapEx$1384%Maintenance$1384%Other$86325%

Investment Breakdown

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Purchase Price

$911k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$182k

Closing costs

1%

$9,110

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,453

Total Expenses

$7,736

Mortgage P&I

133%

$4,579

Property Taxes

34%

$1,168

Home Insurance

10%

$332

HOA

0%

$0

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$863

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