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33311 Greenfield Forest Dr, Magnolia, TX 77354

3 beds • 4 baths • 2543 sqft

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This property looks like a bad Airbnb investment with a projected -20.36% first-year return on $109k initial cash invested.

-20.36%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$1,902

Rent

-$1,850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,902 income − $3,752 expenses = $1,850 out of pocket

Income$1,902Out of Pocket$1,850Mortgage P&I$2,122112%Property Taxes$52027%Insurance$1578%HOA$402%Management$28515%CapEx$764%Maintenance$764%Other$47625%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,700

Closing costs

1%

$4,335

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,902

Total Expenses

$3,752

Mortgage P&I

112%

$2,122

Property Taxes

27%

$520

Home Insurance

8%

$157

HOA

2%

$40

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$476

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