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4302 Hickorygate Dr, Spring, TX 77373

3 beds • 2 baths • 1397 sqft

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This property looks like a bad Airbnb investment with a projected -10.83% first-year return on $70,500 initial cash invested.

-10.83%

Cash On Cash

3.61%

Cap Rate

0.58

DSCR

$2,247

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,247 income − $2,883 expenses = $636 out of pocket

Income$2,247Out of Pocket$636Mortgage P&I$1,29958%Property Taxes$38617%Insurance$884%HOA$311%Management$33715%CapEx$904%Maintenance$904%Other$56225%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,247

Total Expenses

$2,883

Mortgage P&I

58%

$1,299

Property Taxes

17%

$386

Home Insurance

4%

$88

HOA

1%

$31

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

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