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3231 Naples Grove Ln, Houston, TX 77047

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Airbnb investment with a projected -14.77% first-year return on $66,300 initial cash invested.

-14.77%

Cash On Cash

2.86%

Cap Rate

0.43

DSCR

$1,898

Rent

-$816

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,898 income − $2,714 expenses = $816 out of pocket

Income$1,898Out of Pocket$816Mortgage P&I$1,28868%Property Taxes$40221%Insurance$804%HOA$332%Management$28515%CapEx$764%Maintenance$764%Other$47425%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,898

Total Expenses

$2,714

Mortgage P&I

68%

$1,288

Property Taxes

21%

$402

Home Insurance

4%

$80

HOA

2%

$33

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$474

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