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4615 Golf Dr, Houston, TX 77018

3 beds • 3 baths • 2925 sqft

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This property looks like a bad Airbnb investment with a projected -23.95% first-year return on $227k initial cash invested.

-23.95%

Cash On Cash

0.66%

Cap Rate

0.11

DSCR

$4,336

Rent

-$4,529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,336 income − $8,865 expenses = $4,529 out of pocket

Income$4,336Out of Pocket$4,529Mortgage P&I$4,905113%Property Taxes$1,53235%Insurance$3488%Management$65015%CapEx$1734%Maintenance$1734%Other$1,08425%

Investment Breakdown

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Purchase Price

$995k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$227k

Downpayment

20%

$199k

Closing costs

1%

$9,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,336

Total Expenses

$8,865

Mortgage P&I

113%

$4,905

Property Taxes

35%

$1,532

Home Insurance

8%

$348

HOA

0%

$0

Property Management

15%

$650

CapEx

4%

$173

Vacancy

0%

$0

Maintenance

4%

$173

Other

25%

$1,084

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