REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5224 McCormick Mountain Dr, Austin, TX 78734

3 beds • 3 baths • 2898 sqft

$1,683,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -26.36% first-year return on $371k initial cash invested.

-26.36%

Cash On Cash

0.92%

Cap Rate

0.14

DSCR

$6,095

Rent

-$8,159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,095 income − $14,254 expenses = $8,159 out of pocket

Income$6,095Out of Pocket$8,159Mortgage P&I$9,201151%Property Taxes$1,50625%Insurance$62110%Management$91415%CapEx$2444%Maintenance$2444%Other$1,52425%

Investment Breakdown

|

Purchase Price

$1683k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$371k

Downpayment

20%

$337k

Closing costs

1%

$16,830

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,095

Total Expenses

$14,254

Mortgage P&I

151%

$9,201

Property Taxes

25%

$1,506

Home Insurance

10%

$621

HOA

0%

$0

Property Management

15%

$914

CapEx

4%

$244

Vacancy

0%

$0

Maintenance

4%

$244

Other

25%

$1,524

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis