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6002 Somerset Valley Dr, Richmond, TX 77407

3 beds • 3 baths • 2881 sqft

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This property looks like a bad Airbnb investment with a projected -18.91% first-year return on $123k initial cash invested.

-18.91%

Cash On Cash

1.55%

Cap Rate

0.27

DSCR

$3,694

Rent

-$1,937

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,940

Closing costs

1%

$4,997

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,694

Total Expenses

$5,631

Mortgage P&I

66%

$2,435

Property Taxes

31%

$1,163

Home Insurance

5%

$184

HOA

2%

$75

Property Management

15%

$554

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$924

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