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307 Angel Wing St, Surfside Beach, TX 77541

3 beds • 2 baths • 1092 sqft

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This property looks like a bad Airbnb investment with a projected -21.74% first-year return on $106k initial cash invested.

-21.74%

Cash On Cash

0.73%

Cap Rate

0.12

DSCR

$1,862

Rent

-$1,912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,862 income − $3,774 expenses = $1,912 out of pocket

Income$1,862Out of Pocket$1,912Mortgage P&I$2,092112%Property Taxes$62333%Insurance$1669%Management$27915%CapEx$744%Maintenance$744%Other$46625%

Investment Breakdown

|

Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,380

Closing costs

1%

$4,169

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,862

Total Expenses

$3,774

Mortgage P&I

112%

$2,092

Property Taxes

33%

$623

Home Insurance

9%

$166

HOA

0%

$0

Property Management

15%

$279

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$466

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