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6417 Long Cir, Corpus Christi, TX 78413

3 beds • 2 baths • 2199 sqft

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This property looks like a bad Airbnb investment with a projected -11.29% first-year return on $91,500 initial cash invested.

-11.29%

Cash On Cash

3.25%

Cap Rate

0.55

DSCR

$2,287

Rent

-$861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,287 income − $3,148 expenses = $861 out of pocket

Income$2,287Out of Pocket$861Mortgage P&I$1,71875%Property Taxes$1858%Insurance$1225%HOA$261%Management$34315%CapEx$914%Maintenance$914%Other$57225%

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,287

Total Expenses

$3,148

Mortgage P&I

75%

$1,718

Property Taxes

8%

$185

Home Insurance

5%

$122

HOA

1%

$26

Property Management

15%

$343

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$572

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