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6617 NW County Road 1120, Corsicana, TX 75110

3 beds • 2 baths • 2508 sqft

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This property looks like a bad Airbnb investment with a projected -11.98% first-year return on $122k initial cash invested.

-11.98%

Cash On Cash

3.26%

Cap Rate

0.55

DSCR

$3,018

Rent

-$1,217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,018 income − $4,235 expenses = $1,217 out of pocket

Income$3,018Out of Pocket$1,217Mortgage P&I$2,44181%Property Taxes$1726%Insurance$1736%Management$45315%CapEx$1214%Maintenance$1214%Other$75425%

Investment Breakdown

|

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

$3,018

Total Expenses

$4,235

Mortgage P&I

81%

$2,441

Property Taxes

6%

$172

Home Insurance

6%

$173

HOA

0%

$0

Property Management

15%

$453

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$754

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