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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 -11.62% first-year return on $104k initial cash invested.

-11.62%

Cash On Cash

3.29%

Cap Rate

0.56

DSCR

$3,204

Rent

-$1,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,204 income − $4,207 expenses = $1,003 out of pocket

Income$3,204Out of Pocket$1,003Mortgage P&I$1,99362%Property Taxes$52516%Insurance$1384%HOA$13Management$48115%CapEx$1284%Maintenance$1284%Other$80125%

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

$3,204

Total Expenses

$4,207

Mortgage P&I

62%

$1,993

Property Taxes

16%

$525

Home Insurance

4%

$138

HOA

0%

$13

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$801

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