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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 -12.87% first-year return on $122k initial cash invested.

-12.87%

Cash On Cash

3.02%

Cap Rate

0.51

DSCR

$2,843

Rent

-$1,308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,843 income − $4,151 expenses = $1,308 out of pocket

Income$2,843Out of Pocket$1,308Mortgage P&I$2,44186%Property Taxes$1726%Insurance$1736%Management$42615%CapEx$1144%Maintenance$1144%Other$71125%

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

$2,843

Total Expenses

$4,151

Mortgage P&I

86%

$2,441

Property Taxes

6%

$172

Home Insurance

6%

$173

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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