REI Lense

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$1,830 (target)

11617 Cripple Creek Dr, Corpus Christi, TX 78410

3 beds • 2 baths • 1434 sqft

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This property looks like a bad Long-Term investment with a projected -5.03% first-year return on $49,350 initial cash invested.

-5.03%

Cash On Cash

5.43%

Cap Rate

0.9

DSCR

$1,830

Rent

-$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,830

Total Expenses

$2,037

Mortgage P&I

64%

$1,179

Property Taxes

16%

$299

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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