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555 Chestnut Reef Ct, Conroe, TX 77304

3 beds • 3 baths • 1924 sqft

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This property looks like a bad Airbnb investment with a projected -20.26% first-year return on $101k initial cash invested.

-20.26%

Cash On Cash

1.19%

Cap Rate

0.2

DSCR

$2,678

Rent

-$1,704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $4,382 expenses = $1,704 out of pocket

Income$2,678Out of Pocket$1,704Mortgage P&I$1,99074%Property Taxes$85632%Insurance$1385%HOA$1124%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$4,382

Mortgage P&I

74%

$1,990

Property Taxes

32%

$856

Home Insurance

5%

$138

HOA

4%

$112

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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