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5909 S Milam St, Amarillo, TX 79118

3 beds • 2 baths • 1998 sqft

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This property looks like a bad Airbnb investment with a projected -9.24% first-year return on $71,823 initial cash invested.

-9.24%

Cash On Cash

3.98%

Cap Rate

0.65

DSCR

$2,552

Rent

-$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$3,105

Mortgage P&I

51%

$1,300

Property Taxes

19%

$489

Home Insurance

4%

$91

HOA

0%

$0

Property Management

15%

$383

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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Comparable Property

Rent

ADR

Beds

Baths

Distance

WanderLust *Mid-Mod* 3Br/4Beds/2Ba/2Ga NearI27/I40

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3

2

0.74 mi

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$3,132

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3

2.5

0.1 mi

2 KING BED,central, by hwy, peaceful neighborhood

$3,453

$172

3

2

0.14 mi

3bd, modern, quiet neighborhood

$2,811

$140

3

2

0.64 mi

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$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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