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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 -17.97% first-year return on $117k initial cash invested.

-17.97%

Cash On Cash

1.89%

Cap Rate

0.31

DSCR

$2,275

Rent

-$1,757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,275 income − $4,032 expenses = $1,757 out of pocket

Income$2,275Out of Pocket$1,757Mortgage P&I$2,412106%Property Taxes$35716%Insurance$1718%Management$34115%CapEx$914%Maintenance$914%Other$56925%

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

$2,275

Total Expenses

$4,032

Mortgage P&I

106%

$2,412

Property Taxes

16%

$357

Home Insurance

8%

$171

HOA

0%

$0

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$569

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