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3102 Oaken Ln, La Porte, TX 77571

3 beds • 2 baths • 1943 sqft

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This property looks like a bad Airbnb investment with a projected -23.8% first-year return on $113k initial cash invested.

-23.8%

Cash On Cash

0.35%

Cap Rate

0.06

DSCR

$1,626

Rent

-$2,231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,626 income − $3,857 expenses = $2,231 out of pocket

Income$1,626Out of Pocket$2,231Mortgage P&I$2,296141%Property Taxes$61638%Insurance$15810%HOA$7Management$24415%CapEx$654%Maintenance$654%Other$40625%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,626

Total Expenses

$3,857

Mortgage P&I

141%

$2,296

Property Taxes

38%

$616

Home Insurance

10%

$158

HOA

0%

$7

Property Management

15%

$244

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$406

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