REI Lense

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$3,672 (target)

2225 Crystal Bay Dr, Corpus Christi, TX 78414

3 beds • 2 baths • 1832 sqft

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This property looks like a bad Mid-Term investment with a projected 0% first-year return on $88,245 initial cash invested.

0%

Cash On Cash

6.64%

Cap Rate

1.09

DSCR

$3,672

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,672 income − $3,672 expenses = $0 cash flow

Income$3,672Mortgage P&I$1,70446%Property Taxes$60216%Insurance$1173%Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,245

Downpayment

20%

$66,900

Closing costs

1%

$3,345

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,672

Total Expenses

$3,672

Mortgage P&I

46%

$1,704

Property Taxes

16%

$602

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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