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705 W Edgewood Dr, Friendswood, TX 77546

3 beds • 2 baths • 2121 sqft

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This property looks like a bad Airbnb investment with a projected -16.81% first-year return on $116k initial cash invested.

-16.81%

Cash On Cash

2.11%

Cap Rate

0.35

DSCR

$3,070

Rent

-$1,620

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,070 income − $4,690 expenses = $1,620 out of pocket

Income$3,070Out of Pocket$1,620Mortgage P&I$2,31475%Property Taxes$73524%Insurance$1635%HOA$4Management$46015%CapEx$1234%Maintenance$1234%Other$76825%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,070

Total Expenses

$4,690

Mortgage P&I

75%

$2,314

Property Taxes

24%

$735

Home Insurance

5%

$163

HOA

0%

$4

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$768

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