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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 -18.03% first-year return on $165k initial cash invested.

-18.03%

Cash On Cash

1.94%

Cap Rate

0.33

DSCR

$4,026

Rent

-$2,481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,026 income − $6,507 expenses = $2,481 out of pocket

Income$4,026Out of Pocket$2,481Mortgage P&I$3,45486%Property Taxes$79020%Insurance$2546%HOA$772%Management$60415%CapEx$1614%Maintenance$1614%Other$1,00625%

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

$4,026

Total Expenses

$6,507

Mortgage P&I

86%

$3,454

Property Taxes

20%

$790

Home Insurance

6%

$254

HOA

2%

$77

Property Management

15%

$604

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,006

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