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933 Wandering Way Dr, Allen, TX 75002

3 beds • 2 baths • 1128 sqft

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This property looks like a bad Airbnb investment with a projected -9.71% first-year return on $86,880 initial cash invested.

-9.71%

Cash On Cash

3.75%

Cap Rate

0.63

DSCR

$2,749

Rent

-$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,749 income − $3,452 expenses = $703 out of pocket

Income$2,749Out of Pocket$703Mortgage P&I$1,61759%Property Taxes$40115%Insurance$1154%Management$41215%CapEx$1104%Maintenance$1104%Other$68725%

Investment Breakdown

|

Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,880

Downpayment

20%

$65,600

Closing costs

1%

$3,280

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,749

Total Expenses

$3,452

Mortgage P&I

59%

$1,617

Property Taxes

15%

$401

Home Insurance

4%

$115

HOA

0%

$0

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$687

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