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507 Sheffield Dr, Longview, TX 75605

3 beds • 2 baths • 2674 sqft

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This property looks like a bad Airbnb investment with a projected -6.42% first-year return on $88,434 initial cash invested.

-6.42%

Cash On Cash

4.93%

Cap Rate

0.81

DSCR

$3,752

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,434

Downpayment

20%

$67,080

Closing costs

1%

$3,354

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,752

Total Expenses

$4,225

Mortgage P&I

45%

$1,701

Property Taxes

16%

$601

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$563

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$938

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