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7034 Lo Chalmers Ln, Garland, TX 75043

3 beds • 2 baths • 2068 sqft

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This property looks like a bad Airbnb investment with a projected -6.51% first-year return on $90,828 initial cash invested.

-6.51%

Cash On Cash

4.82%

Cap Rate

0.81

DSCR

$3,913

Rent

-$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,913 income − $4,406 expenses = $493 out of pocket

Income$3,913Out of Pocket$493Mortgage P&I$1,72944%Property Taxes$67417%Insurance$1243%Management$58715%CapEx$1574%Maintenance$1574%Other$97825%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,828

Downpayment

20%

$69,360

Closing costs

1%

$3,468

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,913

Total Expenses

$4,406

Mortgage P&I

44%

$1,729

Property Taxes

17%

$674

Home Insurance

3%

$124

HOA

0%

$0

Property Management

15%

$587

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$978

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