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810 E Melton St, Longview, TX 75602

3 beds • 2 baths • 2580 sqft

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This property could be a profitable Airbnb investment with a projected 17.62% first-year return on $44,544 initial cash invested.

17.62%

Cash On Cash

13.63%

Cap Rate

2.16

DSCR

$2,909

Rent

$654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,909 income − $2,255 expenses = $654 cash flow

Income$2,909Mortgage P&I$66623%Property Taxes$1706%Insurance$241%Management$43615%CapEx$1164%Maintenance$1164%Other$72725%Cash Flow$654

Investment Breakdown

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Purchase Price

$126k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,544

Downpayment

20%

$25,280

Closing costs

1%

$1,264

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,909

Total Expenses

$2,255

Mortgage P&I

23%

$666

Property Taxes

6%

$170

Home Insurance

1%

$24

HOA

0%

$0

Property Management

15%

$436

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$727

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