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1011 S Church St, Rockport, TX 78382

3 beds • 2 baths • 1227 sqft

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This property looks like a bad Airbnb investment with a projected -17.9% first-year return on $113k initial cash invested.

-17.9%

Cash On Cash

1.69%

Cap Rate

0.28

DSCR

$2,227

Rent

-$1,678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,227 income − $3,905 expenses = $1,678 out of pocket

Income$2,227Out of Pocket$1,678Mortgage P&I$2,221100%Property Taxes$45721%Insurance$1587%Management$33415%CapEx$894%Maintenance$894%Other$55725%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,227

Total Expenses

$3,905

Mortgage P&I

100%

$2,221

Property Taxes

21%

$457

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$557

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