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$1,987 (target)

4735 Sea Island Dr, Corpus Christi, TX 78413

3 beds • 2 baths • 2040 sqft

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This property looks like a bad Long-Term investment with a projected -7.06% first-year return on $59,850 initial cash invested.

-7.06%

Cash On Cash

5.11%

Cap Rate

0.83

DSCR

$1,987

Rent

-$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,987 income − $2,339 expenses = $352 out of pocket

Income$1,987Out of Pocket$352Mortgage P&I$1,46774%Property Taxes$25613%Insurance$1005%Management$19910%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,987

Total Expenses

$2,339

Mortgage P&I

74%

$1,467

Property Taxes

13%

$256

Home Insurance

5%

$100

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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