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602 W Larkspur Cir, Pearland, TX 77584

3 beds • 2 baths • 1874 sqft

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This property looks like a bad Airbnb investment with a projected -16.86% first-year return on $80,664 initial cash invested.

-16.86%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$2,241

Rent

-$1,133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,664

Downpayment

20%

$59,680

Closing costs

1%

$2,984

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,241

Total Expenses

$3,374

Mortgage P&I

65%

$1,454

Property Taxes

22%

$503

Home Insurance

4%

$98

HOA

11%

$243

Property Management

15%

$336

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$560

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