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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 -11.57% first-year return on $99,375 initial cash invested.

-11.57%

Cash On Cash

3.46%

Cap Rate

0.57

DSCR

$2,830

Rent

-$958

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,830 income − $3,788 expenses = $958 out of pocket

Income$2,830Out of Pocket$958Mortgage P&I$1,96369%Property Taxes$33112%Insurance$1365%Management$42415%CapEx$1134%Maintenance$1134%Other$70825%

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

$2,830

Total Expenses

$3,788

Mortgage P&I

69%

$1,963

Property Taxes

12%

$331

Home Insurance

5%

$136

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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