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3206 Meadow Ridge Dr, Midlothian, TX 76065

3 beds • 3 baths • 2743 sqft

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This property looks like a bad Airbnb investment with a projected -17.07% first-year return on $113k initial cash invested.

-17.07%

Cash On Cash

2.06%

Cap Rate

0.34

DSCR

$3,055

Rent

-$1,612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,055 income − $4,667 expenses = $1,612 out of pocket

Income$3,055Out of Pocket$1,612Mortgage P&I$2,26974%Property Taxes$73624%Insurance$1615%HOA$351%Management$45815%CapEx$1224%Maintenance$1224%Other$76425%

Investment Breakdown

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Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,760

Closing costs

1%

$4,538

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,055

Total Expenses

$4,667

Mortgage P&I

74%

$2,269

Property Taxes

24%

$736

Home Insurance

5%

$161

HOA

1%

$35

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$764

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