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3321 Evers Pkwy, Denton, TX 76207

3 beds • 2 baths • 1673 sqft

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This property looks like a bad Airbnb investment with a projected -0.57% first-year return on $63,633 initial cash invested.

-0.57%

Cash On Cash

6.6%

Cap Rate

1.09

DSCR

$3,137

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,633

Downpayment

20%

$43,460

Closing costs

1%

$2,173

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,137

Total Expenses

$3,167

Mortgage P&I

35%

$1,100

Property Taxes

15%

$483

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$784

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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$4,514

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3

2

0.48 mi

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3

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0.61 mi

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3

2

0.66 mi

3 Mi to Dtwn Denton: Getaway w/ Furnished Patio!

$4,440

$178

3

1.5

0.74 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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