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818 Cortez St, Laredo, TX 78040

3 beds • 2 baths • 1608 sqft

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This property looks like a bad Airbnb investment with a projected -18.1% first-year return on $76,590 initial cash invested.

-18.1%

Cash On Cash

1.4%

Cap Rate

0.23

DSCR

$1,650

Rent

-$1,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,650

Total Expenses

$2,805

Mortgage P&I

86%

$1,415

Property Taxes

30%

$500

Home Insurance

6%

$98

HOA

0%

$0

Property Management

15%

$248

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$412

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