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6002 Ranch Park Dr, Magnolia, TX 77354

3 beds • 2 baths • 1959 sqft

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This property looks like a bad Airbnb investment with a projected -22.08% first-year return on $175k initial cash invested.

-22.08%

Cash On Cash

0.74%

Cap Rate

0.13

DSCR

$2,665

Rent

-$3,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$749k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,665

Total Expenses

$5,891

Mortgage P&I

134%

$3,584

Property Taxes

27%

$732

Home Insurance

10%

$262

HOA

1%

$33

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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