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6929 Wooddale Dr, Watauga, TX 76148

3 beds • 2 baths • 1698 sqft

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This property looks like a bad Airbnb investment with a projected -11.27% first-year return on $92,382 initial cash invested.

-11.27%

Cash On Cash

3.67%

Cap Rate

0.59

DSCR

$3,225

Rent

-$868

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,225 income − $4,093 expenses = $868 out of pocket

Income$3,225Out of Pocket$868Mortgage P&I$1,82357%Property Taxes$59618%Insurance$1264%Management$48415%CapEx$1294%Maintenance$1294%Other$80625%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,382

Downpayment

20%

$70,840

Closing costs

1%

$3,542

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,225

Total Expenses

$4,093

Mortgage P&I

57%

$1,823

Property Taxes

18%

$596

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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