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705 Eagle Lakes Dr, Friendswood, TX 77546

3 beds • 2 baths • 2512 sqft

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This property looks like a bad Airbnb investment with a projected -18.1% first-year return on $116k initial cash invested.

-18.1%

Cash On Cash

1.86%

Cap Rate

0.31

DSCR

$3,076

Rent

-$1,746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,076 income − $4,822 expenses = $1,746 out of pocket

Income$3,076Out of Pocket$1,746Mortgage P&I$2,34576%Property Taxes$78025%Insurance$1756%HOA$461%Management$46115%CapEx$1234%Maintenance$1234%Other$76925%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,080

Closing costs

1%

$4,654

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,076

Total Expenses

$4,822

Mortgage P&I

76%

$2,345

Property Taxes

25%

$780

Home Insurance

6%

$175

HOA

2%

$46

Property Management

15%

$461

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$769

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