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30723 Gardenia Trace Dr, Spring, TX 77386

3 beds • 2 baths • 1757 sqft

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This property looks like a bad Airbnb investment with a projected -1.51% first-year return on $79,488 initial cash invested.

-1.51%

Cash On Cash

6.09%

Cap Rate

1.04

DSCR

$4,091

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,488

Downpayment

20%

$58,560

Closing costs

1%

$2,928

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,091

Total Expenses

$4,191

Mortgage P&I

35%

$1,423

Property Taxes

16%

$645

Home Insurance

3%

$104

HOA

1%

$54

Property Management

15%

$614

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,023

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