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3624 MEADE ST, Schertz, TX 78154

3 beds • 3 baths • 2318 sqft

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This property looks like a bad Airbnb investment with a projected -13.66% first-year return on $81,000 initial cash invested.

-13.66%

Cash On Cash

2.6%

Cap Rate

0.44

DSCR

$2,316

Rent

-$922

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,316 income − $3,238 expenses = $922 out of pocket

Income$2,316Out of Pocket$922Mortgage P&I$1,47964%Property Taxes$50622%Insurance$1055%HOA$362%Management$34715%CapEx$934%Maintenance$934%Other$57925%

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,316

Total Expenses

$3,238

Mortgage P&I

64%

$1,479

Property Taxes

22%

$506

Home Insurance

5%

$105

HOA

2%

$36

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$579

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