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2630 Rocky Ridge, Canyon Lake, TX 78133

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Airbnb investment with a projected -8.94% first-year return on $80,643 initial cash invested.

-8.94%

Cash On Cash

3.88%

Cap Rate

0.66

DSCR

$2,666

Rent

-$601

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,267 expenses = $601 out of pocket

Income$2,666Out of Pocket$601Mortgage P&I$1,45955%Property Taxes$41516%Insurance$1054%HOA$8Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,643

Downpayment

20%

$59,660

Closing costs

1%

$2,983

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,666

Total Expenses

$3,267

Mortgage P&I

55%

$1,459

Property Taxes

16%

$415

Home Insurance

4%

$105

HOA

0%

$8

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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