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818 Wateka Way, Richardson, TX 75080

3 beds • 2 baths • 1130 sqft

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This property looks like a bad Airbnb investment with a projected -7.42% first-year return on $98,598 initial cash invested.

-7.42%

Cash On Cash

4.6%

Cap Rate

0.77

DSCR

$4,094

Rent

-$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,094 income − $4,704 expenses = $610 out of pocket

Income$4,094Out of Pocket$610Mortgage P&I$1,91647%Property Taxes$68217%Insurance$1403%Management$61415%CapEx$1644%Maintenance$1644%Other$1,02425%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,598

Downpayment

20%

$76,760

Closing costs

1%

$3,838

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,094

Total Expenses

$4,704

Mortgage P&I

47%

$1,916

Property Taxes

17%

$682

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$614

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,024

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