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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 -9.03% first-year return on $75,729 initial cash invested.

-9.03%

Cash On Cash

4.26%

Cap Rate

0.68

DSCR

$2,875

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,875 income − $3,445 expenses = $570 out of pocket

Income$2,875Out of Pocket$570Mortgage P&I$1,43150%Property Taxes$55719%Insurance$773%Management$43115%CapEx$1154%Maintenance$1154%Other$71925%

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

$2,875

Total Expenses

$3,445

Mortgage P&I

50%

$1,431

Property Taxes

19%

$557

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$431

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$719

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