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490 Oak Hills Ln, Fate, TX 75189

3 beds • 3 baths • 2257 sqft

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This property looks like a bad Airbnb investment with a projected -15.13% first-year return on $110k initial cash invested.

-15.13%

Cash On Cash

2.4%

Cap Rate

0.41

DSCR

$2,862

Rent

-$1,384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,862 income − $4,246 expenses = $1,384 out of pocket

Income$2,862Out of Pocket$1,384Mortgage P&I$2,14575%Property Taxes$50017%Insurance$1565%HOA$723%Management$42915%CapEx$1144%Maintenance$1144%Other$71625%

Investment Breakdown

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Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,380

Closing costs

1%

$4,369

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$4,246

Mortgage P&I

75%

$2,145

Property Taxes

17%

$500

Home Insurance

5%

$156

HOA

3%

$72

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$716

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