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921 High Point Dr, Midlothian, TX 76065

3 beds • 2 baths • 1432 sqft

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This property looks like a bad Airbnb investment with a projected -15.25% first-year return on $92,529 initial cash invested.

-15.25%

Cash On Cash

2.21%

Cap Rate

0.38

DSCR

$2,305

Rent

-$1,176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,305 income − $3,481 expenses = $1,176 out of pocket

Income$2,305Out of Pocket$1,176Mortgage P&I$1,73775%Property Taxes$51222%Insurance$1265%Management$34615%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,529

Downpayment

20%

$70,980

Closing costs

1%

$3,549

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,305

Total Expenses

$3,481

Mortgage P&I

75%

$1,737

Property Taxes

22%

$512

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$346

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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