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540 Vz County Road 3724, Wills Point, TX 75169

3 beds • 3 baths • 2224 sqft

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This property looks like a bad Airbnb investment with a projected -15.72% first-year return on $102k initial cash invested.

-15.72%

Cash On Cash

2.26%

Cap Rate

0.37

DSCR

$1,989

Rent

-$1,336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,989 income − $3,325 expenses = $1,336 out of pocket

Income$1,989Out of Pocket$1,336Mortgage P&I$2,009101%Property Taxes$22111%Insurance$1407%Management$29815%CapEx$804%Maintenance$804%Other$49725%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,989

Total Expenses

$3,325

Mortgage P&I

101%

$2,009

Property Taxes

11%

$221

Home Insurance

7%

$140

HOA

0%

$0

Property Management

15%

$298

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$497

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