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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 4.41% first-year return on $74,490 initial cash invested.

4.41%

Cash On Cash

7.94%

Cap Rate

1.33

DSCR

$4,069

Rent

$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,069 income − $3,795 expenses = $274 cash flow

Income$4,069Mortgage P&I$1,34433%Property Taxes$40410%Insurance$942%Management$61015%CapEx$1634%Maintenance$1634%Other$1,01725%Cash Flow$274

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

$4,069

Total Expenses

$3,795

Mortgage P&I

33%

$1,344

Property Taxes

10%

$404

Home Insurance

2%

$94

HOA

0%

$0

Property Management

15%

$610

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,017

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