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$4,071 (target)

207 Tonkawa Trl, Corsicana, TX 75109

3 beds • 3 baths • 2215 sqft

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This property looks like a bad Mid-Term investment with a projected -12.01% first-year return on $150k initial cash invested.

-12.01%

Cash On Cash

3.47%

Cap Rate

0.58

DSCR

$4,071

Rent

-$1,505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,071 income − $5,576 expenses = $1,505 out of pocket

Income$4,071Out of Pocket$1,505Mortgage P&I$3,16578%Property Taxes$76019%Insurance$2286%HOA$381%Management$48912%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44811%

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,303

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,071

Total Expenses

$5,576

Mortgage P&I

78%

$3,165

Property Taxes

19%

$760

Home Insurance

6%

$228

HOA

1%

$38

Property Management

12%

$489

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$448

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