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15830 Almeria Ave, Corpus Christi, TX 78418

3 beds • 2 baths • 1820 sqft

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This property looks like a bad Airbnb investment with a projected -6.54% first-year return on $109k initial cash invested.

-6.54%

Cash On Cash

4.72%

Cap Rate

0.79

DSCR

$3,620

Rent

-$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,620 income − $4,216 expenses = $596 out of pocket

Income$3,620Out of Pocket$596Mortgage P&I$2,16160%Property Taxes$1655%Insurance$1524%Management$54315%CapEx$1454%Maintenance$1454%Other$90525%

Investment Breakdown

|

Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,620

Total Expenses

$4,216

Mortgage P&I

60%

$2,161

Property Taxes

5%

$165

Home Insurance

4%

$152

HOA

0%

$0

Property Management

15%

$543

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$905

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