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307 Meadow Ridge Dr, Burleson, TX 76028

3 beds • 3 baths • 2132 sqft

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This property looks like a bad Airbnb investment with a projected -8.5% first-year return on $78,900 initial cash invested.

-8.5%

Cash On Cash

4.13%

Cap Rate

0.69

DSCR

$2,870

Rent

-$559

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,870 income − $3,429 expenses = $559 out of pocket

Income$2,870Out of Pocket$559Mortgage P&I$1,44150%Property Taxes$50818%Insurance$1024%Management$43015%CapEx$1154%Maintenance$1154%Other$71825%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,870

Total Expenses

$3,429

Mortgage P&I

50%

$1,441

Property Taxes

18%

$508

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$430

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$718

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