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8805 Lakeshore Dr, Montgomery, TX 77316

3 beds • 2 baths • 2255 sqft

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This property looks like a bad Airbnb investment with a projected -7.48% first-year return on $91,500 initial cash invested.

-7.48%

Cash On Cash

4.25%

Cap Rate

0.74

DSCR

$3,078

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,078

Total Expenses

$3,648

Mortgage P&I

55%

$1,687

Property Taxes

11%

$348

Home Insurance

4%

$122

HOA

0%

$13

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Lake Conroe Dome Home

$3,634

$206

3

2

2.02 mi

Hideaway_3 BR Home w/ Private Pool on wooded lot

$3,617

$205

3

2

2.3 mi

*Private Lake* Charming Lakeside Bungalow!

$3,969

$225

3

2

2.15 mi

One Story-Home Away From Home-5* Luxury King Bed

$2,417

$137

3

2

2.37 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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