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4717 Salers Way, Forney, TX 75126

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Airbnb investment with a projected -14.73% first-year return on $73,650 initial cash invested.

-14.73%

Cash On Cash

2.06%

Cap Rate

0.36

DSCR

$2,166

Rent

-$904

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,166 income − $3,070 expenses = $904 out of pocket

Income$2,166Out of Pocket$904Mortgage P&I$1,27159%Property Taxes$62429%Insurance$934%HOA$412%Management$32515%CapEx$874%Maintenance$874%Other$54225%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,166

Total Expenses

$3,070

Mortgage P&I

59%

$1,271

Property Taxes

29%

$624

Home Insurance

4%

$93

HOA

2%

$41

Property Management

15%

$325

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$542

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