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503 E 9th St, Hooks, TX 75561

3 beds • 2 baths • 1900 sqft

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This property could be a profitable Airbnb investment with a projected 14.42% first-year return on $43,935 initial cash invested.

14.42%

Cash On Cash

12.21%

Cap Rate

2

DSCR

$2,552

Rent

$528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,552 income − $2,024 expenses = $528 cash flow

Income$2,552Mortgage P&I$62725%Property Taxes$1295%Insurance$432%Management$38315%CapEx$1024%Maintenance$1024%Other$63825%Cash Flow$528

Investment Breakdown

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Purchase Price

$124k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,935

Downpayment

20%

$24,700

Closing costs

1%

$1,235

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$2,024

Mortgage P&I

25%

$627

Property Taxes

5%

$129

Home Insurance

2%

$43

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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