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509 Redbridge Ln, League City, TX 77573

3 beds • 4 baths • 2204 sqft

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This property looks like a bad Airbnb investment with a projected -6.14% first-year return on $91,395 initial cash invested.

-6.14%

Cash On Cash

4.78%

Cap Rate

0.82

DSCR

$3,807

Rent

-$468

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,395

Downpayment

20%

$69,900

Closing costs

1%

$3,495

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,807

Total Expenses

$4,275

Mortgage P&I

45%

$1,709

Property Taxes

16%

$596

Home Insurance

3%

$122

HOA

1%

$21

Property Management

15%

$571

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$952

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