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3577 Merrell Rd, Dallas, TX 75229

3 beds • 2 baths • 1795 sqft

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This property looks like a bad Airbnb investment with a projected -21.2% first-year return on $137k initial cash invested.

-21.2%

Cash On Cash

1.1%

Cap Rate

0.18

DSCR

$3,091

Rent

-$2,414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,091 income − $5,505 expenses = $2,414 out of pocket

Income$3,091Out of Pocket$2,414Mortgage P&I$2,80791%Property Taxes$1,01533%Insurance$1986%Management$46415%CapEx$1244%Maintenance$1244%Other$77325%

Investment Breakdown

|

Purchase Price

$565k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,650

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,091

Total Expenses

$5,505

Mortgage P&I

91%

$2,807

Property Taxes

33%

$1,015

Home Insurance

6%

$198

HOA

0%

$0

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$773

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