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3403 Rainshore Dr, Katy, TX 77449

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Airbnb investment with a projected -8.03% first-year return on $72,445 initial cash invested.

-8.03%

Cash On Cash

4.26%

Cap Rate

0.71

DSCR

$2,624

Rent

-$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,624 income − $3,109 expenses = $485 out of pocket

Income$2,624Out of Pocket$485Mortgage P&I$1,30150%Property Taxes$42816%Insurance$913%HOA$291%Management$39415%CapEx$1054%Maintenance$1054%Other$65625%

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,445

Downpayment

20%

$51,852

Closing costs

1%

$2,593

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,624

Total Expenses

$3,109

Mortgage P&I

50%

$1,301

Property Taxes

16%

$428

Home Insurance

3%

$91

HOA

1%

$29

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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