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517 Shirley Ct, Richardson, TX 75081

3 beds • 2 baths • 2240 sqft

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This property looks like a bad Airbnb investment with a projected -21.44% first-year return on $113k initial cash invested.

-21.44%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$2,648

Rent

-$2,021

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,648 income − $4,669 expenses = $2,021 out of pocket

Income$2,648Out of Pocket$2,021Mortgage P&I$2,27786%Property Taxes$95536%Insurance$1666%Management$39715%CapEx$1064%Maintenance$1064%Other$66225%

Investment Breakdown

|

Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,580

Closing costs

1%

$4,529

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,648

Total Expenses

$4,669

Mortgage P&I

86%

$2,277

Property Taxes

36%

$955

Home Insurance

6%

$166

HOA

0%

$0

Property Management

15%

$397

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$662

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