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32303 Archer Park, Conroe, TX 77385

3 beds • 3 baths • 2281 sqft

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This property looks like a bad Airbnb investment with a projected -12.89% first-year return on $87,300 initial cash invested.

-12.89%

Cash On Cash

2.82%

Cap Rate

0.48

DSCR

$2,713

Rent

-$938

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,713

Total Expenses

$3,651

Mortgage P&I

59%

$1,604

Property Taxes

21%

$578

Home Insurance

4%

$116

HOA

2%

$50

Property Management

15%

$407

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$678

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