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917 NW 8th St, Grand Prairie, TX 75050

3 beds • 2 baths • 1458 sqft

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This property might be a fair Airbnb investment with a projected 6.38% first-year return on $74,490 initial cash invested.

6.38%

Cash On Cash

8.53%

Cap Rate

1.42

DSCR

$4,303

Rent

$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,303 income − $3,907 expenses = $396 cash flow

Income$4,303Mortgage P&I$1,34431%Property Taxes$4049%Insurance$942%Management$64515%CapEx$1724%Maintenance$1724%Other$1,07625%Cash Flow$396

Investment Breakdown

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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

$4,303

Total Expenses

$3,907

Mortgage P&I

31%

$1,344

Property Taxes

9%

$404

Home Insurance

2%

$94

HOA

0%

$0

Property Management

15%

$645

CapEx

4%

$172

Vacancy

0%

$0

Maintenance

4%

$172

Other

25%

$1,076

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