6300 Padre Blvd South Padre Island, Texas, 78597
3 bed • 2.5 bath • 8 guests
Est. $2,638/mo

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Airbnb Investor Score
-$1,706
Annual Profit
6.4%
Cap Rate
-1.3%
Cash on Cash
$56,408
Annual Revenue
This property is projected to be in the top 45% revenue percentile compared to similar properties nearby.
Projected nightly rate is $358/night at 52% occupancy.Projected nightly rate is $208/night at 60% occupancy.
Top 33% of comparables
Top 33% of comparables
Seasonality
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40
Airbnb Comparables
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$48,056
Avg annual revenue
60%
Avg occupancy rate
$208
Avg nightly rate
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Revenue per year
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-$1,706
Profit
Revenue
$56,408
Operating Expenses
$21,013
Operating Income
$35,395
Mortgage & Taxes
$37,101
Profit (Cash Flow)
-$1,706
$135,125
Cash Investment
Down Payment
$110,000
Renos & Furnishing
$8,625
Closing Costs
$16,500
Total
$135,125
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-1.26%
Cap Rate
6.43%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$26,104
Deductible property tax
$5,445
Your total deduction
$57,384
Your adjusted annual income
$150,000 - $57,384 = $92,616
Taxes on $92,616 (30%)
$27,785
Your old tax bill
$45,000
Your new tax bill
$27,785
Estimated tax savings
$17,215
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
-
Year built:
-
Size:
1,183 sqft
Type:
APARTMENT
Parking:
-
Heating:
-
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: APARTMENT
- Stories: -
- Lot size: -
- Building area: 1,183 sqft
- Garage: No
- Heating:
- Pool: No
- Fireplaces: -
- Basement: No
- Cooling: Central Air
- View: -
- Parking: -
- Amenities: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Price per square foot: $4
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: -
- Flood Zone: No
Tax Info
- Year Assessed:
- Assessed Value: -
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- Elementary School: Garriga Elementary School with 4/10 star rating