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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 -8.7% first-year return on $59,979 initial cash invested.

-8.7%

Cash On Cash

4.15%

Cap Rate

0.66

DSCR

$2,161

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,161 income − $2,596 expenses = $435 out of pocket

Income$2,161Out of Pocket$435Mortgage P&I$1,04148%Property Taxes$44921%Insurance$703%Management$32415%CapEx$864%Maintenance$864%Other$54025%

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

$2,161

Total Expenses

$2,596

Mortgage P&I

48%

$1,041

Property Taxes

21%

$449

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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