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$2,874 (target)

134 SE County Road 3048, Corsicana, TX 75109

3 beds • 2 baths • 1718 sqft

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This property might be a fair Mid-Term investment with a projected 9.03% first-year return on $64,200 initial cash invested.

9.03%

Cash On Cash

9.32%

Cap Rate

1.54

DSCR

$2,874

Rent

$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,874 income − $2,391 expenses = $483 cash flow

Income$2,874Mortgage P&I$1,11139%Property Taxes$2188%Insurance$773%HOA$8Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$483

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,874

Total Expenses

$2,391

Mortgage P&I

39%

$1,111

Property Taxes

8%

$218

Home Insurance

3%

$77

HOA

0%

$8

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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