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2309 Martinique, Crystal Beach, TX 77650

3 beds • 2 baths • 1320 sqft

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This property looks like a bad Airbnb investment with a projected -12.11% first-year return on $104k initial cash invested.

-12.11%

Cash On Cash

3.16%

Cap Rate

0.54

DSCR

$3,124

Rent

-$1,045

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,124 income − $4,169 expenses = $1,045 out of pocket

Income$3,124Out of Pocket$1,045Mortgage P&I$1,99364%Property Taxes$52517%Insurance$1384%HOA$13Management$46915%CapEx$1254%Maintenance$1254%Other$78125%

Investment Breakdown

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Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,480

Closing costs

1%

$4,074

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,124

Total Expenses

$4,169

Mortgage P&I

64%

$1,993

Property Taxes

17%

$525

Home Insurance

4%

$138

HOA

0%

$13

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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