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3703 Nichols Ave, Dickinson, TX 77539

3 beds • 2 baths • 1760 sqft

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This property looks like a bad Airbnb investment with a projected -16.27% first-year return on $79,950 initial cash invested.

-16.27%

Cash On Cash

1.91%

Cap Rate

0.32

DSCR

$1,897

Rent

-$1,084

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,897 income − $2,981 expenses = $1,084 out of pocket

Income$1,897Out of Pocket$1,084Mortgage P&I$1,47778%Property Taxes$47025%Insurance$1035%HOA$201%Management$28515%CapEx$764%Maintenance$764%Other$47425%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,897

Total Expenses

$2,981

Mortgage P&I

78%

$1,477

Property Taxes

25%

$470

Home Insurance

5%

$103

HOA

1%

$20

Property Management

15%

$285

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$474

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