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3705 Melville Cir, Flower Mound, TX 75022

5 beds • 6 baths • 4856 sqft

$1,698,000

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This property looks like a bad Airbnb investment with a projected -19.13% first-year return on $387k initial cash invested.

-19.13%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$10,560

Rent

-$6,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$10,560 income − $16,722 expenses = $6,162 out of pocket

Income$10,560Out of Pocket$6,162Mortgage P&I$8,64182%Property Taxes$2,27021%Insurance$5946%HOA$1491%Management$1,58415%CapEx$4224%Maintenance$4224%Other$2,64025%

Investment Breakdown

|

Purchase Price

$1698k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$387k

Downpayment

20%

$340k

Closing costs

1%

$16,980

Rehab

0%

$0

Furnishing

2%

$30,000

Cashflow

Total Income

$10,560

Total Expenses

$16,722

Mortgage P&I

82%

$8,641

Property Taxes

22%

$2,270

Home Insurance

6%

$594

HOA

1%

$149

Property Management

15%

$1,584

CapEx

4%

$422

Vacancy

0%

$0

Maintenance

4%

$422

Other

25%

$2,640

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