REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,463 (target)

409 Ashland Dr, Corpus Christi, TX 78412

3 beds • 2 baths • 2204 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.57% first-year return on $66,279 initial cash invested.

-2.57%

Cash On Cash

6.08%

Cap Rate

0.96

DSCR

$2,463

Rent

-$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,463 income − $2,605 expenses = $142 out of pocket

Income$2,463Out of Pocket$142Mortgage P&I$1,20749%Property Taxes$47919%Insurance$803%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,463

Total Expenses

$2,605

Mortgage P&I

49%

$1,207

Property Taxes

19%

$479

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis