REI Lense

REI Lense

Unlock all features! Tap here to upgrade

708 Clear Water Ct, Corsicana, TX 75109

3 beds • 4 baths • 2774 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.76% first-year return on $218k initial cash invested.

-19.76%

Cash On Cash

1.35%

Cap Rate

0.24

DSCR

$3,971

Rent

-$3,581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,971 income − $7,552 expenses = $3,581 out of pocket

Income$3,971Out of Pocket$3,581Mortgage P&I$4,489113%Property Taxes$82421%Insurance$3328%Management$59615%CapEx$1594%Maintenance$1594%Other$99325%

Investment Breakdown

|

Purchase Price

$950k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$218k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,971

Total Expenses

$7,552

Mortgage P&I

113%

$4,489

Property Taxes

21%

$824

Home Insurance

8%

$332

HOA

0%

$0

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$993

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis