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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 -10.93% first-year return on $98,598 initial cash invested.

-10.93%

Cash On Cash

3.63%

Cap Rate

0.61

DSCR

$3,540

Rent

-$898

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,540 income − $4,438 expenses = $898 out of pocket

Income$3,540Out of Pocket$898Mortgage P&I$1,91654%Property Taxes$68219%Insurance$1404%Management$53115%CapEx$1424%Maintenance$1424%Other$88525%

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

$3,540

Total Expenses

$4,438

Mortgage P&I

54%

$1,916

Property Taxes

19%

$682

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$531

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$885

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