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430 Ardsley Ln, Forney, TX 75126

3 beds • 2 baths • 1980 sqft

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This property looks like a bad Airbnb investment with a projected -10.16% first-year return on $74,175 initial cash invested.

-10.16%

Cash On Cash

3.81%

Cap Rate

0.62

DSCR

$2,838

Rent

-$628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,838 income − $3,466 expenses = $628 out of pocket

Income$2,838Out of Pocket$628Mortgage P&I$1,36348%Property Taxes$61021%Insurance$943%HOA$351%Management$42615%CapEx$1144%Maintenance$1144%Other$71025%

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,175

Downpayment

20%

$53,500

Closing costs

1%

$2,675

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,838

Total Expenses

$3,466

Mortgage P&I

48%

$1,363

Property Taxes

21%

$610

Home Insurance

3%

$94

HOA

1%

$35

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$710

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