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812 Vz County Road 3424, Wills Point, TX 75169

3 beds • 2 baths • 1838 sqft

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This property looks like a bad Airbnb investment with a projected -16.74% first-year return on $139k initial cash invested.

-16.74%

Cash On Cash

2.21%

Cap Rate

0.36

DSCR

$2,259

Rent

-$1,935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,259 income − $4,194 expenses = $1,935 out of pocket

Income$2,259Out of Pocket$1,935Mortgage P&I$2,905129%Property Taxes$4Insurance$2019%Management$33915%CapEx$904%Maintenance$904%Other$56525%

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,259

Total Expenses

$4,194

Mortgage P&I

129%

$2,905

Property Taxes

0%

$4

Home Insurance

9%

$201

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$565

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