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$1,580 (target)

101 SE County Road 2240, Corsicana, TX 75109

3 beds • 2 baths • 1176 sqft

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This property looks like a bad Long-Term investment with a projected -20.97% first-year return on $105k initial cash invested.

-20.97%

Cash On Cash

1.81%

Cap Rate

0.3

DSCR

$1,580

Rent

-$1,835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,580 income − $3,415 expenses = $1,835 out of pocket

Income$1,580Out of Pocket$1,835Mortgage P&I$2,509159%Property Taxes$32020%Insurance$17511%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,580

Total Expenses

$3,415

Mortgage P&I

159%

$2,509

Property Taxes

20%

$320

Home Insurance

11%

$175

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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