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9914 FLATLAND TRL, Converse, TX 78109

3 beds • 2 baths • 1962 sqft

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This property looks like a bad Airbnb investment with a projected -8.2% first-year return on $59,979 initial cash invested.

-8.2%

Cash On Cash

4.32%

Cap Rate

0.69

DSCR

$2,210

Rent

-$410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,210 income − $2,620 expenses = $410 out of pocket

Income$2,210Out of Pocket$410Mortgage P&I$1,04147%Property Taxes$44920%Insurance$703%Management$33215%CapEx$884%Maintenance$884%Other$55225%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,210

Total Expenses

$2,620

Mortgage P&I

47%

$1,041

Property Taxes

20%

$449

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$332

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$552

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