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5005 Heather Glen Dr, Garland, TX 75043

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Airbnb investment with a projected -10.31% first-year return on $76,695 initial cash invested.

-10.31%

Cash On Cash

3.58%

Cap Rate

0.6

DSCR

$2,529

Rent

-$659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,529 income − $3,188 expenses = $659 out of pocket

Income$2,529Out of Pocket$659Mortgage P&I$1,39255%Property Taxes$48519%Insurance$984%Management$37915%CapEx$1014%Maintenance$1014%Other$63225%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,695

Downpayment

20%

$55,900

Closing costs

1%

$2,795

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,529

Total Expenses

$3,188

Mortgage P&I

55%

$1,392

Property Taxes

19%

$485

Home Insurance

4%

$98

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$632

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