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6009 Wallace Meadows Ct, Arlington, TX 76001

3 beds • 3 baths • 2876 sqft

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This property looks like a bad Airbnb investment with a projected -22.49% first-year return on $128k initial cash invested.

-22.49%

Cash On Cash

0.76%

Cap Rate

0.13

DSCR

$2,189

Rent

-$2,404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,189 income − $4,593 expenses = $2,404 out of pocket

Income$2,189Out of Pocket$2,404Mortgage P&I$2,648121%Property Taxes$68131%Insurance$1848%HOA$291%Management$32815%CapEx$884%Maintenance$884%Other$54725%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,189

Total Expenses

$4,593

Mortgage P&I

121%

$2,648

Property Taxes

31%

$681

Home Insurance

8%

$184

HOA

1%

$29

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$547

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