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1925 Clear Creek Dr, Little Elm, TX 75068

3 beds • 2 baths • 1669 sqft

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This property looks like a bad Airbnb investment with a projected -12.37% first-year return on $95,385 initial cash invested.

-12.37%

Cash On Cash

3.22%

Cap Rate

0.53

DSCR

$2,975

Rent

-$983

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,975 income − $3,958 expenses = $983 out of pocket

Income$2,975Out of Pocket$983Mortgage P&I$1,85462%Property Taxes$51517%Insurance$1314%HOA$301%Management$44615%CapEx$1194%Maintenance$1194%Other$74425%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,385

Downpayment

20%

$73,700

Closing costs

1%

$3,685

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,975

Total Expenses

$3,958

Mortgage P&I

62%

$1,854

Property Taxes

17%

$515

Home Insurance

4%

$131

HOA

1%

$30

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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