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567 Quail Ln, Longview, TX 75602

3 beds • 2 baths • 2308 sqft

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This property looks like a bad Airbnb investment with a projected -14.74% first-year return on $114k initial cash invested.

-14.74%

Cash On Cash

2.48%

Cap Rate

0.42

DSCR

$2,760

Rent

-$1,395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,760 income − $4,155 expenses = $1,395 out of pocket

Income$2,760Out of Pocket$1,395Mortgage P&I$2,22781%Property Taxes$44516%Insurance$1596%Management$41415%CapEx$1104%Maintenance$1104%Other$69025%

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,000

Closing costs

1%

$4,550

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,760

Total Expenses

$4,155

Mortgage P&I

81%

$2,227

Property Taxes

16%

$445

Home Insurance

6%

$159

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$690

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