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2165 Miramar Dr, Little Elm, TX 75068

3 beds • 2 baths • 1587 sqft

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This property looks like a bad Airbnb investment with a projected -14.18% first-year return on $88,854 initial cash invested.

-14.18%

Cash On Cash

2.65%

Cap Rate

0.44

DSCR

$2,722

Rent

-$1,050

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,722 income − $3,772 expenses = $1,050 out of pocket

Income$2,722Out of Pocket$1,050Mortgage P&I$1,68662%Property Taxes$59522%Insurance$1214%HOA$642%Management$40815%CapEx$1094%Maintenance$1094%Other$68025%

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,854

Downpayment

20%

$67,480

Closing costs

1%

$3,374

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,722

Total Expenses

$3,772

Mortgage P&I

62%

$1,686

Property Taxes

22%

$595

Home Insurance

4%

$121

HOA

2%

$64

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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