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3501 La Fayette Ln, Amarillo, TX 79118

3 beds • 2 baths • 2196 sqft

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This property looks like a bad Airbnb investment with a projected -4.43% first-year return on $91,500 initial cash invested.

-4.43%

Cash On Cash

5.18%

Cap Rate

0.88

DSCR

$3,378

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,378 income − $3,716 expenses = $338 out of pocket

Income$3,378Out of Pocket$338Mortgage P&I$1,71351%Property Taxes$2608%Insurance$1224%Management$50715%CapEx$1354%Maintenance$1354%Other$84425%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,378

Total Expenses

$3,716

Mortgage P&I

51%

$1,713

Property Taxes

8%

$260

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$507

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$844

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