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8223 Montego Bay Dr, Baytown, TX 77523

3 beds • 2 baths • 1469 sqft

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This property looks like a bad Airbnb investment with a projected -9.46% first-year return on $75,729 initial cash invested.

-9.46%

Cash On Cash

3.82%

Cap Rate

0.63

DSCR

$2,328

Rent

-$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,328 income − $2,925 expenses = $597 out of pocket

Income$2,328Out of Pocket$597Mortgage P&I$1,37959%Property Taxes$30213%Insurance$964%HOA$311%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,328

Total Expenses

$2,925

Mortgage P&I

59%

$1,379

Property Taxes

13%

$302

Home Insurance

4%

$96

HOA

1%

$31

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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