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917 NW 8th St, Grand Prairie, TX 75050

3 beds • 2 baths • 1458 sqft

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This property looks like a bad Airbnb investment with a projected -1.55% first-year return on $74,490 initial cash invested.

-1.55%

Cash On Cash

6.17%

Cap Rate

1.03

DSCR

$3,356

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,356 income − $3,452 expenses = $96 out of pocket

Income$3,356Out of Pocket$96Mortgage P&I$1,34440%Property Taxes$40412%Insurance$943%Management$50315%CapEx$1344%Maintenance$1344%Other$83925%

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,356

Total Expenses

$3,452

Mortgage P&I

40%

$1,344

Property Taxes

12%

$404

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$503

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

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