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2822 Topeka St, Corpus Christi, TX 78404

3 beds • 1 baths • 1067 sqft

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This property looks like a bad Airbnb investment with a projected -4.73% first-year return on $56,850 initial cash invested.

-4.73%

Cash On Cash

5.19%

Cap Rate

0.85

DSCR

$2,167

Rent

-$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,167

Total Expenses

$2,391

Mortgage P&I

43%

$937

Property Taxes

16%

$348

Home Insurance

3%

$65

HOA

0%

$0

Property Management

15%

$325

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$542

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Comparable Property

Rent

ADR

Beds

Baths

Distance

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1

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3

2

0.28 mi

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4

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1.3 mi

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2

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0.9 mi

2022 S American St

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5

4

0.6 mi

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2

1

0.9 mi

2022 S American St

$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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