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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 -13.57% first-year return on $98,829 initial cash invested.

-13.57%

Cash On Cash

2.92%

Cap Rate

0.49

DSCR

$3,269

Rent

-$1,118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,269 income − $4,387 expenses = $1,118 out of pocket

Income$3,269Out of Pocket$1,118Mortgage P&I$1,92459%Property Taxes$75923%Insurance$1354%Management$49015%CapEx$1314%Maintenance$1314%Other$81725%

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

$3,269

Total Expenses

$4,387

Mortgage P&I

59%

$1,924

Property Taxes

23%

$759

Home Insurance

4%

$135

HOA

0%

$0

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$817

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