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3605 Smartt St, Rowlett, TX 75088

3 beds • 2 baths • 1771 sqft

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This property looks like a bad Airbnb investment with a projected -10.79% first-year return on $75,729 initial cash invested.

-10.79%

Cash On Cash

3.74%

Cap Rate

0.6

DSCR

$2,660

Rent

-$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,660 income − $3,341 expenses = $681 out of pocket

Income$2,660Out of Pocket$681Mortgage P&I$1,43154%Property Taxes$55721%Insurance$773%Management$39915%CapEx$1064%Maintenance$1064%Other$66525%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,660

Total Expenses

$3,341

Mortgage P&I

54%

$1,431

Property Taxes

21%

$557

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$399

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$665

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