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2036 Olivereta Dr, Little Elm, TX 75068

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -22.17% first-year return on $84,150 initial cash invested.

-22.17%

Cash On Cash

0.49%

Cap Rate

0.08

DSCR

$1,688

Rent

-$1,555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $3,243 expenses = $1,555 out of pocket

Income$1,688Out of Pocket$1,555Mortgage P&I$1,61596%Property Taxes$64238%Insurance$1107%HOA$654%Management$25315%CapEx$684%Maintenance$684%Other$42225%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,688

Total Expenses

$3,243

Mortgage P&I

96%

$1,615

Property Taxes

38%

$642

Home Insurance

7%

$110

HOA

4%

$65

Property Management

15%

$253

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$422

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