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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 -14.26% first-year return on $80,643 initial cash invested.

-14.26%

Cash On Cash

2.33%

Cap Rate

0.4

DSCR

$1,979

Rent

-$958

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,979 income − $2,937 expenses = $958 out of pocket

Income$1,979Out of Pocket$958Mortgage P&I$1,45974%Property Taxes$41521%Insurance$1055%HOA$8Management$29715%CapEx$794%Maintenance$794%Other$49525%

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

$1,979

Total Expenses

$2,937

Mortgage P&I

74%

$1,459

Property Taxes

21%

$415

Home Insurance

5%

$105

HOA

0%

$8

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$495

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