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$3,238 (target)

6338 Megan Cir, Corpus Christi, TX 78414

3 beds • 2 baths • 1542 sqft

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This property might be a fair Mid-Term investment with a projected 3.77% first-year return on $72,348 initial cash invested.

3.77%

Cash On Cash

7.77%

Cap Rate

1.27

DSCR

$3,238

Rent

$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,238 income − $3,011 expenses = $227 cash flow

Income$3,238Mortgage P&I$1,31841%Property Taxes$49815%Insurance$933%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35611%Cash Flow$227

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,348

Downpayment

20%

$51,760

Closing costs

1%

$2,588

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,238

Total Expenses

$3,011

Mortgage P&I

41%

$1,318

Property Taxes

15%

$498

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$356

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