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508 Forest Cir, Irving, TX 75062

3 beds • 2 baths • 1808 sqft

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This property looks like a bad Airbnb investment with a projected -19.77% first-year return on $89,400 initial cash invested.

-19.77%

Cash On Cash

1.05%

Cap Rate

0.18

DSCR

$1,870

Rent

-$1,473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,870 income − $3,343 expenses = $1,473 out of pocket

Income$1,870Out of Pocket$1,473Mortgage P&I$1,69591%Property Taxes$63134%Insurance$1196%Management$28015%CapEx$754%Maintenance$754%Other$46825%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,870

Total Expenses

$3,343

Mortgage P&I

91%

$1,695

Property Taxes

34%

$631

Home Insurance

6%

$119

HOA

0%

$0

Property Management

15%

$280

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$468

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