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2 S Sandpiper St, La Marque, TX 77568

3 beds • 2 baths • 1842 sqft

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This property looks like a bad Airbnb investment with a projected -11.6% first-year return on $100k initial cash invested.

-11.6%

Cash On Cash

3.34%

Cap Rate

0.57

DSCR

$3,704

Rent

-$971

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,704 income − $4,675 expenses = $971 out of pocket

Income$3,704Out of Pocket$971Mortgage P&I$1,91452%Property Taxes$83423%Insurance$1283%HOA$211%Management$55615%CapEx$1484%Maintenance$1484%Other$92625%

Investment Breakdown

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Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,500

Closing costs

1%

$3,925

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,704

Total Expenses

$4,675

Mortgage P&I

52%

$1,914

Property Taxes

23%

$834

Home Insurance

3%

$128

HOA

1%

$21

Property Management

15%

$556

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$926

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