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507 Sonny Ave, Ennis, TX 75119

3 beds • 2 baths • 1549 sqft

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This property looks like a bad Airbnb investment with a projected -3.38% first-year return on $74,259 initial cash invested.

-3.38%

Cash On Cash

5.47%

Cap Rate

0.94

DSCR

$3,135

Rent

-$209

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,135 income − $3,344 expenses = $209 out of pocket

Income$3,135Out of Pocket$209Mortgage P&I$1,30642%Property Taxes$44014%Insurance$943%Management$47015%CapEx$1254%Maintenance$1254%Other$78425%

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,259

Downpayment

20%

$53,580

Closing costs

1%

$2,679

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,135

Total Expenses

$3,344

Mortgage P&I

42%

$1,306

Property Taxes

14%

$440

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$784

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