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5311 Freestone Dr, Grand Prairie, TX 75052

3 beds • 2 baths • 2091 sqft

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This property might be a fair Airbnb investment with a projected 7.88% first-year return on $94,314 initial cash invested.

7.88%

Cash On Cash

8.78%

Cap Rate

1.48

DSCR

$6,034

Rent

$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,314

Downpayment

20%

$72,680

Closing costs

1%

$3,634

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$6,034

Total Expenses

$5,415

Mortgage P&I

30%

$1,799

Property Taxes

10%

$591

Home Insurance

2%

$130

HOA

0%

$0

Property Management

15%

$905

CapEx

4%

$241

Vacancy

0%

$0

Maintenance

4%

$241

Other

25%

$1,508

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