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311 Glenwood Dr, Palestine, TX 75801

3 beds • 2 baths • 2126 sqft

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This property looks like a bad Airbnb investment with a projected -8.01% first-year return on $74,490 initial cash invested.

-8.01%

Cash On Cash

4.22%

Cap Rate

0.7

DSCR

$2,377

Rent

-$497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,377 income − $2,874 expenses = $497 out of pocket

Income$2,377Out of Pocket$497Mortgage P&I$1,34957%Property Taxes$29012%Insurance$944%Management$35715%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,377

Total Expenses

$2,874

Mortgage P&I

57%

$1,349

Property Taxes

12%

$290

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

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