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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 -15.25% first-year return on $102k initial cash invested.

-15.25%

Cash On Cash

2.39%

Cap Rate

0.4

DSCR

$2,067

Rent

-$1,296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,067 income − $3,363 expenses = $1,296 out of pocket

Income$2,067Out of Pocket$1,296Mortgage P&I$2,00997%Property Taxes$22111%Insurance$1407%Management$31015%CapEx$834%Maintenance$834%Other$51725%

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

$2,067

Total Expenses

$3,363

Mortgage P&I

97%

$2,009

Property Taxes

11%

$221

Home Insurance

7%

$140

HOA

0%

$0

Property Management

15%

$310

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$517

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