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607 N Cottonwood Dr, Richardson, TX 75080

3 beds • 2 baths • 1642 sqft

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This property looks like a bad Airbnb investment with a projected -16.46% first-year return on $98,829 initial cash invested.

-16.46%

Cash On Cash

2.12%

Cap Rate

0.35

DSCR

$2,809

Rent

-$1,356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,809 income − $4,165 expenses = $1,356 out of pocket

Income$2,809Out of Pocket$1,356Mortgage P&I$1,92468%Property Taxes$75927%Insurance$1355%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,829

Downpayment

20%

$76,980

Closing costs

1%

$3,849

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,809

Total Expenses

$4,165

Mortgage P&I

68%

$1,924

Property Taxes

27%

$759

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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