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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 -6.75% first-year return on $109k initial cash invested.

-6.75%

Cash On Cash

4.66%

Cap Rate

0.78

DSCR

$3,582

Rent

-$615

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,582 income − $4,197 expenses = $615 out of pocket

Income$3,582Out of Pocket$615Mortgage P&I$2,16160%Property Taxes$1655%Insurance$1524%Management$53715%CapEx$1434%Maintenance$1434%Other$89625%

Investment Breakdown

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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

$3,582

Total Expenses

$4,197

Mortgage P&I

60%

$2,161

Property Taxes

5%

$165

Home Insurance

4%

$152

HOA

0%

$0

Property Management

15%

$537

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$896

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