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3901 Leonard Dr, Corpus Christi, TX 78410

3 beds • 2 baths • 1345 sqft

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This property might be a fair Mid-Term investment with a projected 4.87% first-year return on $70,500 initial cash invested.

4.87%

Cash On Cash

7.91%

Cap Rate

1.31

DSCR

$2,505

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,505

Total Expenses

$2,219

Mortgage P&I

50%

$1,262

Property Taxes

1%

$17

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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