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3112 Harris St, Gainesville, TX 76240

3 beds • 4 baths • 3922 sqft

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This property looks like a bad Airbnb investment with a projected -26.41% first-year return on $217k initial cash invested.

-26.41%

Cash On Cash

0.19%

Cap Rate

0.03

DSCR

$3,312

Rent

-$4,768

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,312 income − $8,080 expenses = $4,768 out of pocket

Income$3,312Out of Pocket$4,768Mortgage P&I$4,786145%Property Taxes$1,35741%Insurance$34811%Management$49715%CapEx$1324%Maintenance$1324%Other$82825%

Investment Breakdown

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Purchase Price

$946k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$189k

Closing costs

1%

$9,458

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,312

Total Expenses

$8,080

Mortgage P&I

145%

$4,786

Property Taxes

41%

$1,357

Home Insurance

11%

$348

HOA

0%

$0

Property Management

15%

$497

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$828

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