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$2,846 (target)

6617 NW County Road 1120, Corsicana, TX 75110

3 beds • 2 baths • 2508 sqft

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This property looks like a bad Mid-Term investment with a projected -8.93% first-year return on $122k initial cash invested.

-8.93%

Cash On Cash

3.99%

Cap Rate

0.67

DSCR

$2,846

Rent

-$908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $3,754 expenses = $908 out of pocket

Income$2,846Out of Pocket$908Mortgage P&I$2,44186%Property Taxes$1726%Insurance$1736%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,846

Total Expenses

$3,754

Mortgage P&I

86%

$2,441

Property Taxes

6%

$172

Home Insurance

6%

$173

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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