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5222 Inverness Dr, Corpus Christi, TX 78413

3 beds • 2 baths • 1668 sqft

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This property looks like a bad Airbnb investment with a projected -1.75% first-year return on $70,752 initial cash invested.

-1.75%

Cash On Cash

6.36%

Cap Rate

1.03

DSCR

$3,391

Rent

-$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,752

Downpayment

20%

$50,240

Closing costs

1%

$2,512

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,391

Total Expenses

$3,494

Mortgage P&I

38%

$1,299

Property Taxes

14%

$478

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$848

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Comparable Property

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ADR

Beds

Baths

Distance

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3

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0.75 mi

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4

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4

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5

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2

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

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