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$2,980 (target)

4735 Sea Island Dr, Corpus Christi, TX 78413

3 beds • 2 baths • 2040 sqft

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This property might be a fair Mid-Term investment with a projected 2.22% first-year return on $77,850 initial cash invested.

2.22%

Cash On Cash

7.28%

Cap Rate

1.18

DSCR

$2,980

Rent

$144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $2,836 expenses = $144 cash flow

Income$2,980Mortgage P&I$1,46749%Property Taxes$2569%Insurance$1003%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$144

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$2,836

Mortgage P&I

49%

$1,467

Property Taxes

9%

$256

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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