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370 Weimer Lagoon Rd, La Porte, TX 77571

3 beds • 2 baths • 1566 sqft

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This property looks like a bad Airbnb investment with a projected -21.19% first-year return on $86,229 initial cash invested.

-21.19%

Cash On Cash

0.68%

Cap Rate

0.11

DSCR

$2,153

Rent

-$1,523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,153 income − $3,676 expenses = $1,523 out of pocket

Income$2,153Out of Pocket$1,523Mortgage P&I$1,62275%Property Taxes$82438%Insurance$1145%HOA$834%Management$32315%CapEx$864%Maintenance$864%Other$53825%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,153

Total Expenses

$3,676

Mortgage P&I

75%

$1,622

Property Taxes

38%

$824

Home Insurance

5%

$114

HOA

4%

$83

Property Management

15%

$323

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$538

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