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6945 Shoreview Dr, Grand Prairie, TX 75054

3 beds • 3 baths • 2832 sqft

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This property looks like a bad Airbnb investment with a projected -18.45% first-year return on $115k initial cash invested.

-18.45%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$2,986

Rent

-$1,762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $4,748 expenses = $1,762 out of pocket

Income$2,986Out of Pocket$1,762Mortgage P&I$2,31377%Property Taxes$71724%Insurance$1615%HOA$1254%Management$44815%CapEx$1194%Maintenance$1194%Other$74625%

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,000

Closing costs

1%

$4,600

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$4,748

Mortgage P&I

77%

$2,313

Property Taxes

24%

$717

Home Insurance

5%

$161

HOA

4%

$125

Property Management

15%

$448

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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