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507 Woodway Ln, Longview, TX 75605

3 beds • 3 baths • 3136 sqft

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This property looks like a bad Airbnb investment with a projected -10.57% first-year return on $95,679 initial cash invested.

-10.57%

Cash On Cash

3.74%

Cap Rate

0.62

DSCR

$3,310

Rent

-$843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,310

Total Expenses

$4,153

Mortgage P&I

56%

$1,863

Property Taxes

17%

$572

Home Insurance

4%

$130

HOA

0%

$0

Property Management

15%

$496

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$828

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