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8988 County Line Rd, Willis, TX 77378

3 beds • 3 baths • 3625 sqft

$1,900,000

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This property looks like a bad Airbnb investment with a projected -28.38% first-year return on $417k initial cash invested.

-28.38%

Cash On Cash

-0.09%

Cap Rate

-0.02

DSCR

$1,872

Rent

-$9,862

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,872 income − $11,734 expenses = $9,862 out of pocket

Income$1,872Out of Pocket$9,862Mortgage P&I$9,642515%Property Taxes$52828%Insurance$66536%Management$28115%CapEx$754%Maintenance$754%Other$46825%

Investment Breakdown

|

Purchase Price

$1900k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$417k

Downpayment

20%

$380k

Closing costs

1%

$19,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,872

Total Expenses

$11,734

Mortgage P&I

515%

$9,642

Property Taxes

28%

$528

Home Insurance

36%

$665

HOA

0%

$0

Property Management

15%

$281

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$468

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