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3404 Gladstone Way, Longview, TX 75604

3 beds • 2 baths • 2097 sqft

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This property looks like a bad Airbnb investment with a projected -12.56% first-year return on $91,038 initial cash invested.

-12.56%

Cash On Cash

2.94%

Cap Rate

0.5

DSCR

$2,763

Rent

-$953

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,038

Downpayment

20%

$69,560

Closing costs

1%

$3,478

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,763

Total Expenses

$3,716

Mortgage P&I

61%

$1,695

Property Taxes

21%

$570

Home Insurance

4%

$124

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$691

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