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314 Clay Ln, Red Oak, TX 75154

3 beds • 2 baths • 2132 sqft

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This property looks like a bad Airbnb investment with a projected -8.53% first-year return on $99,375 initial cash invested.

-8.53%

Cash On Cash

4.3%

Cap Rate

0.71

DSCR

$3,318

Rent

-$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,318 income − $4,024 expenses = $706 out of pocket

Income$3,318Out of Pocket$706Mortgage P&I$1,96359%Property Taxes$33110%Insurance$1364%Management$49815%CapEx$1334%Maintenance$1334%Other$83025%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,375

Downpayment

20%

$77,500

Closing costs

1%

$3,875

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,318

Total Expenses

$4,024

Mortgage P&I

59%

$1,963

Property Taxes

10%

$331

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

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