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$1,172 (target)

1021 Beechcraft Ave, Corpus Christi, TX 78405

3 beds • 2 baths • 1427 sqft

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This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $53,550 initial cash invested.

-12.1%

Cash On Cash

3.69%

Cap Rate

0.62

DSCR

$1,172

Rent

-$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,172 income − $1,712 expenses = $540 out of pocket

Income$1,172Out of Pocket$540Mortgage P&I$1,265108%Property Taxes$535%Insurance$898%Management$11710%CapEx$595%Vacancy$706%Maintenance$595%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,172

Total Expenses

$1,712

Mortgage P&I

108%

$1,265

Property Taxes

5%

$53

Home Insurance

8%

$89

HOA

0%

$0

Property Management

10%

$117

CapEx

5%

$59

Vacancy

6%

$70

Maintenance

5%

$59

Other

0%

$0

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