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$3,340 (target)

505 Williamson Pl, Corpus Christi, TX 78411

3 beds • 2 baths • 1769 sqft

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This property could be a profitable Mid-Term investment with a projected 14.33% first-year return on $67,980 initial cash invested.

14.33%

Cash On Cash

11.07%

Cap Rate

1.76

DSCR

$3,340

Rent

$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,340 income − $2,528 expenses = $812 cash flow

Income$3,340Mortgage P&I$1,25037%Property Taxes$582%Insurance$843%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$812

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,980

Downpayment

20%

$47,600

Closing costs

1%

$2,380

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,340

Total Expenses

$2,528

Mortgage P&I

37%

$1,250

Property Taxes

2%

$58

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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