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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 -17.32% first-year return on $115k initial cash invested.

-17.32%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$3,198

Rent

-$1,654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,198 income − $4,852 expenses = $1,654 out of pocket

Income$3,198Out of Pocket$1,654Mortgage P&I$2,31372%Property Taxes$71722%Insurance$1615%HOA$1254%Management$48015%CapEx$1284%Maintenance$1284%Other$80025%

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

$3,198

Total Expenses

$4,852

Mortgage P&I

72%

$2,313

Property Taxes

22%

$717

Home Insurance

5%

$161

HOA

4%

$125

Property Management

15%

$480

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$800

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