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$1,916 (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 Long-Term investment with a projected 0.08% first-year return on $46,200 initial cash invested.

0.08%

Cash On Cash

6.6%

Cap Rate

1.09

DSCR

$1,916

Rent

$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,916 income − $1,913 expenses = $3 cash flow

Income$1,916Mortgage P&I$1,11158%Property Taxes$21811%Insurance$774%HOA$8Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%Cash Flow$3

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,916

Total Expenses

$1,913

Mortgage P&I

58%

$1,111

Property Taxes

11%

$218

Home Insurance

4%

$77

HOA

0%

$8

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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