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905 Essex Dr, Friendswood, TX 77546

3 beds • 3 baths • 1818 sqft

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This property looks like a bad Airbnb investment with a projected -11.65% first-year return on $94,671 initial cash invested.

-11.65%

Cash On Cash

3.41%

Cap Rate

0.57

DSCR

$3,073

Rent

-$919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,073 income − $3,992 expenses = $919 out of pocket

Income$3,073Out of Pocket$919Mortgage P&I$1,83260%Property Taxes$55218%Insurance$1314%HOA$2Management$46115%CapEx$1234%Maintenance$1234%Other$76825%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,671

Downpayment

20%

$73,020

Closing costs

1%

$3,651

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,073

Total Expenses

$3,992

Mortgage P&I

60%

$1,832

Property Taxes

18%

$552

Home Insurance

4%

$131

HOA

0%

$2

Property Management

15%

$461

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$768

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