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824 Forest Lakes Dr, Keller, TX 76248

3 beds • 3 baths • 3201 sqft

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This property looks like a bad Airbnb investment with a projected -14.74% first-year return on $165k initial cash invested.

-14.74%

Cash On Cash

2.78%

Cap Rate

0.47

DSCR

$4,897

Rent

-$2,029

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,897 income − $6,926 expenses = $2,029 out of pocket

Income$4,897Out of Pocket$2,029Mortgage P&I$3,45471%Property Taxes$79016%Insurance$2545%HOA$772%Management$73515%CapEx$1964%Maintenance$1964%Other$1,22425%

Investment Breakdown

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Purchase Price

$701k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$7,007

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,897

Total Expenses

$6,926

Mortgage P&I

71%

$3,454

Property Taxes

16%

$790

Home Insurance

5%

$254

HOA

2%

$77

Property Management

15%

$735

CapEx

4%

$196

Vacancy

0%

$0

Maintenance

4%

$196

Other

25%

$1,224

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