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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 -15.54% first-year return on $92,529 initial cash invested.

-15.54%

Cash On Cash

2.13%

Cap Rate

0.36

DSCR

$2,265

Rent

-$1,198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,265 income − $3,463 expenses = $1,198 out of pocket

Income$2,265Out of Pocket$1,198Mortgage P&I$1,73777%Property Taxes$51223%Insurance$1266%Management$34015%CapEx$914%Maintenance$914%Other$56625%

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

$2,265

Total Expenses

$3,463

Mortgage P&I

77%

$1,737

Property Taxes

23%

$512

Home Insurance

6%

$126

HOA

0%

$0

Property Management

15%

$340

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$566

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