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400 Christian Way, Azle, TX 76020

4 beds • 2 baths • 2570 sqft

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This property looks like a bad Airbnb investment with a projected -12.8% first-year return on $129k initial cash invested.

-12.8%

Cash On Cash

2.84%

Cap Rate

0.49

DSCR

$3,746

Rent

-$1,374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,746

Total Expenses

$5,120

Mortgage P&I

64%

$2,405

Property Taxes

20%

$742

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$936

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