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671 Lcr 516, Mexia, TX 76667

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Airbnb investment with a projected -16.62% first-year return on $117k initial cash invested.

-16.62%

Cash On Cash

2.25%

Cap Rate

0.37

DSCR

$2,528

Rent

-$1,625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,528 income − $4,153 expenses = $1,625 out of pocket

Income$2,528Out of Pocket$1,625Mortgage P&I$2,41295%Property Taxes$35714%Insurance$1717%Management$37915%CapEx$1014%Maintenance$1014%Other$63225%

Investment Breakdown

|

Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,580

Closing costs

1%

$4,729

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,528

Total Expenses

$4,153

Mortgage P&I

95%

$2,412

Property Taxes

14%

$357

Home Insurance

7%

$171

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$632

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