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533 Bowie St, Forney, TX 75126

3 beds • 2 baths • 1290 sqft

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This property looks like a bad Airbnb investment with a projected -3.85% first-year return on $70,395 initial cash invested.

-3.85%

Cash On Cash

5.89%

Cap Rate

0.92

DSCR

$3,055

Rent

-$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,055 income − $3,281 expenses = $226 out of pocket

Income$3,055Out of Pocket$226Mortgage P&I$1,32843%Property Taxes$40013%Insurance$873%Management$45815%CapEx$1224%Maintenance$1224%Other$76425%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,055

Total Expenses

$3,281

Mortgage P&I

43%

$1,328

Property Taxes

13%

$400

Home Insurance

3%

$87

HOA

0%

$0

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$764

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