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507 Stephen F Austin Dr, Conroe, TX 77302

3 beds • 2 baths • 2506 sqft

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This property looks like a bad Airbnb investment with a projected -9.85% first-year return on $99,690 initial cash invested.

-9.85%

Cash On Cash

4.1%

Cap Rate

0.67

DSCR

$3,858

Rent

-$818

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,858 income − $4,676 expenses = $818 out of pocket

Income$3,858Out of Pocket$818Mortgage P&I$1,99452%Property Taxes$60516%Insurance$1364%HOA$902%Management$57915%CapEx$1544%Maintenance$1544%Other$96425%

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,858

Total Expenses

$4,676

Mortgage P&I

52%

$1,994

Property Taxes

16%

$605

Home Insurance

4%

$136

HOA

2%

$90

Property Management

15%

$579

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$964

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