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1031 Port Aransas Dr, Little Elm, TX 75068

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Airbnb investment with a projected -11.12% first-year return on $83,184 initial cash invested.

-11.12%

Cash On Cash

3.67%

Cap Rate

0.59

DSCR

$2,932

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,932 income − $3,703 expenses = $771 out of pocket

Income$2,932Out of Pocket$771Mortgage P&I$1,60355%Property Taxes$57920%Insurance$1144%Management$44015%CapEx$1174%Maintenance$1174%Other$73325%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,184

Downpayment

20%

$62,080

Closing costs

1%

$3,104

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,932

Total Expenses

$3,703

Mortgage P&I

55%

$1,603

Property Taxes

20%

$579

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$733

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