REI Lense

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$3,452 (target)

3105 Peachtree St, Corpus Christi, TX 78410

3 beds • 3 baths • 2166 sqft

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This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $80,990 initial cash invested.

0.55%

Cash On Cash

6.97%

Cap Rate

1.11

DSCR

$3,452

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,452 income − $3,415 expenses = $37 cash flow

Income$3,452Mortgage P&I$1,56645%Property Taxes$57017%Insurance$1053%Management$41412%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$37

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,990

Downpayment

20%

$59,990

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,452

Total Expenses

$3,415

Mortgage P&I

45%

$1,566

Property Taxes

17%

$570

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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