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112 Rainbow Reef, Rockport, TX 78382

3 beds • 2 baths • 1050 sqft

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This property looks like a bad Airbnb investment with a projected -11.64% first-year return on $95,070 initial cash invested.

-11.64%

Cash On Cash

3.3%

Cap Rate

0.56

DSCR

$2,892

Rent

-$922

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,070

Downpayment

20%

$73,400

Closing costs

1%

$3,670

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$3,814

Mortgage P&I

63%

$1,816

Property Taxes

11%

$324

Home Insurance

5%

$135

HOA

5%

$150

Property Management

15%

$434

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$723

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