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906 Moms Rd, Crystal Beach, TX 77650, USA
Covers its debt with margin to spare at the current price.
Investment potential
Your scenario · adjust the levers below or open advanced settings to see how returns change
$79,190
$6,599/mo · at 51% occupancy & $395/night
$40,523
$3,377/mo after costs & mortgage
Cap rate
21.1%
Cash-on-cash
45.1%
DSCR
3.52
Confidence
Your assumptions
Revenue
$79,190/yr
Market avg: $79,190/yr · 51% occ · $395 ADR
Financing
$16,065/yr
Operating costs
$22,602/yr
How this property compares to similar short-term rentals nearby.
Comparable set · 50 properties
$238–$594
Median $395
26%–75%
Median 51%
$40.0K–$165.8K
Median $77.7K
229–365
Median 358
This property · $79.2K
Comparable properties (50)
Cash flow potential High · Appreciation potential Medium
365 days available · 262 days booked ·
365 days available · 242 days booked ·
365 days available · 203 days booked ·
363 days available · 220 days booked ·
365 days available · 173 days booked ·
303 days available · 185 days booked ·
364 days available · 171 days booked ·
357 days available · 229 days booked ·
358 days available · 231 days booked ·
365 days available · 247 days booked ·
363 days available · 220 days booked ·
365 days available · 181 days booked ·
365 days available · 162 days booked ·
331 days available · 205 days booked ·
361 days available · 208 days booked ·
365 days available · 185 days booked ·
365 days available · 163 days booked ·
365 days available · 188 days booked ·
344 days available · 175 days booked ·
357 days available · 210 days booked ·
349 days available · 190 days booked ·
229 days available · 140 days booked ·
350 days available · 169 days booked ·
365 days available · 122 days booked ·
363 days available · 137 days booked ·
330 days available · 164 days booked ·
284 days available · 125 days booked ·
332 days available · 178 days booked ·
309 days available · 121 days booked ·
365 days available · 147 days booked ·
365 days available · 138 days booked ·
364 days available · 178 days booked ·
355 days available · 186 days booked ·
358 days available · 193 days booked ·
365 days available · 121 days booked ·
365 days available · 182 days booked ·
358 days available · 185 days booked ·
365 days available · 202 days booked ·
330 days available · 130 days booked ·
348 days available · 201 days booked ·
365 days available · 120 days booked ·
289 days available · 144 days booked ·
338 days available · 234 days booked ·
335 days available · 184 days booked ·
344 days available · 179 days booked ·
365 days available · 153 days booked ·
352 days available · 134 days booked ·
296 days available · 132 days booked ·
349 days available · 106 days booked ·
303 days available · 128 days booked ·
Revenue and occupancy reflect Chalet's modeled estimates from observed booking activity for comparable active listings. Individual results vary with management, seasonality, and pricing.
Who this property is for
The same property is a great buy for one investor and a trap for another. Here's the honest read.
1031 / high-equity buyer
~$66.3K
Year-1 tax shield
Buying with cash or low leverage removes the debt-coverage problem entirely, so the thesis rests on appreciation plus a large first-year write-off. At roughly 25% of purchase price, the shield is substantial enough to carry the deal on its own.
DSCR cash-flow buyer
3.52
DSCR at asking
At asking price the property clears the 1.20 DSCR most lenders require, so it should qualify for DSCR financing and cover its own debt service from day one. This is the buyer this deal is built for.
Price-disciplined buyer
—
Break-even purchase price
Even a deep discount doesn't get this deal to break even within a realistic range, so there's no price anchor to negotiate toward. A price-disciplined buyer should pass unless the revenue assumptions change.
For a buyer who materially participates and qualifies for the STR tax treatment.
$66.3K
Estimated first-year deduction · range $55.0K–$75.5K
Why this matters here
At a marginal bracket, this deduction can be worth $20.4K–$28.0K in estimated federal tax saved.
This only applies if you meet the IRS material-participation tests for short-term rentals and are not using a full-service property manager.
Estimate, subject to CPA review. Cost-segregation percentages shown here are illustrative and depend on an actual study of the property.
Some states do not conform to federal bonus depreciation, so your state may not allow the same first-year treatment shown above.
Chalet can introduce a cost-segregation partner — this is not tax, legal, or financial advice.
How cash-on-cash return moves with purchase price. The marked line is break-even (1.0 DSCR).
At this price: cash-on-cash +45.1%, DSCR 3.52, cash flow $40,523/yr
| Price vs asking | Price | Cash-on-cash | DSCR | Band |
|---|---|---|---|---|
| -25% | $201,225 | 61.6% | 4.70 | Positive |
| -22% | $209,274 | 59.2% | 4.52 | Positive |
| -15% | $228,055 | 54.1% | 4.14 | Positive |
| -8% | $246,836 | 49.7% | 3.83 | Positive |
| Asking | $268,300 | 45.1% | 3.52 | Positive |
| +8% | $289,764 | 41.2% | 3.26 | Positive |
| +15% | $308,545 | 38.0% | 3.06 | Positive |
Break-even price
Out of range
This deal does not reach break-even within ±25% of asking.
Discount needed
—
The gap between asking and the price a cash-flow buyer can underwrite.
If refi to 5.5% in 24 mo
+$2,355/yr
Illustrative cash-flow improvement at asking price if rates fall. Planning figure, not a forecast.
Annual avg $6,599 · peaks at $12,024 in Jul
Annual avg 51% · peaks at 77% in Jul
$3,377/mo after all expenses
Cash to close
Down payment, closing costs, and furnishing
$77,807
Return on cash:69.3%
You qualify for STR financing
Your DSCR is 3.52 · lenders typically require 1.0+.
Get matched with 2–3 vetted STR lenders, free.
What the deal returns over the hold — including the tax shield, which is the whole point for an appreciation buyer.
Levered IRR
70.9%
over 5-yr hold, with tax shield
Equity multiple
4.7×
total proceeds vs. $77,807 invested
Projected value at exit
$342,426
year 5 · 5.0% annual appreciation
Tax shield contribution
+13.0 pts
of IRR comes from year-1 depreciation
| Year | Equity | Appreciation | Cumulative cash flow | Total value |
|---|---|---|---|---|
| Year 1 | $69,119 | $13,415 | $65,043 | $147,577 |
| Year 2 | $71,311 | $27,501 | $106,385 | $205,196 |
| Year 3 | $73,661 | $42,291 | $148,552 | $264,504 |
| Year 4 | $76,181 | $57,820 | $191,551 | $325,552 |
| Year 5 | $78,884 | $74,126 | $235,388 | $388,398 |
Projection, not a promise.
Assumes 5.0% annual appreciation, 1.5% rent growth (operating costs held flat), and that the property qualifies for short-term-rental tax treatment. The year-1 depreciation shield depends on a real cost-segregation study and your tax situation — consult a CPA.
Appreciation is the dominant driver of this return. When cash flow is negative, the deal depends on the property gaining value — it is not paying for itself from income.
Appreciation, rent growth, and financing rates are editable under Edit financials.
STR deals turn on local rules and demand that a generalist agent misses. Chalet matches you with a vetted Crystal Beach agent who knows which properties actually cash flow — and which to avoid.
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