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410 Miramar Pl, Corpus Christi, TX 78411

4 beds • 3 baths • 2442 sqft

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This property looks like a bad Airbnb investment with a projected -1.45% first-year return on $106k initial cash invested.

-1.45%

Cash On Cash

6.32%

Cap Rate

1.04

DSCR

$4,948

Rent

-$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$77,740

Closing costs

1%

$3,887

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$4,948

Total Expenses

$5,076

Mortgage P&I

40%

$1,977

Property Taxes

10%

$514

Home Insurance

4%

$210

HOA

0%

$0

Property Management

15%

$742

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,237

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