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901 Longmire Rd Unit 54, Conroe, TX 77304

3 beds • 5 baths • 4941 sqft

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This property looks like a bad Airbnb investment with a projected -20.05% first-year return on $121k initial cash invested.

-20.05%

Cash On Cash

1.23%

Cap Rate

0.21

DSCR

$2,597

Rent

-$2,017

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,597 income − $4,614 expenses = $2,017 out of pocket

Income$2,597Out of Pocket$2,017Mortgage P&I$2,41393%Property Taxes$72028%Insurance$1717%HOA$632%Management$39015%CapEx$1044%Maintenance$1044%Other$64925%

Investment Breakdown

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Purchase Price

$489k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,800

Closing costs

1%

$4,890

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,597

Total Expenses

$4,614

Mortgage P&I

93%

$2,413

Property Taxes

28%

$720

Home Insurance

7%

$171

HOA

2%

$63

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$649

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