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3508 Gatewood Ln, Plano, TX 75074

3 beds • 2 baths • 1368 sqft

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This property might be a fair Airbnb investment with a projected 1.94% first-year return on $71,634 initial cash invested.

1.94%

Cash On Cash

7.33%

Cap Rate

1.2

DSCR

$3,545

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,545 income − $3,429 expenses = $116 cash flow

Income$3,545Mortgage P&I$1,30337%Property Taxes$3319%Insurance$933%Management$53215%CapEx$1424%Maintenance$1424%Other$88625%Cash Flow$116

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,634

Downpayment

20%

$51,080

Closing costs

1%

$2,554

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,545

Total Expenses

$3,429

Mortgage P&I

37%

$1,303

Property Taxes

9%

$331

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$886

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