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$2,991 (target)

735 Chase Dr, Corpus Christi, TX 78412

3 beds • 2 baths • 1816 sqft

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This property could be a profitable Mid-Term investment with a projected 11.7% first-year return on $56,829 initial cash invested.

11.7%

Cash On Cash

10.62%

Cap Rate

1.7

DSCR

$2,991

Rent

$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,991 income − $2,437 expenses = $554 cash flow

Income$2,991Mortgage P&I$96232%Property Taxes$39213%Insurance$652%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$554

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,829

Downpayment

20%

$36,980

Closing costs

1%

$1,849

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$2,437

Mortgage P&I

32%

$962

Property Taxes

13%

$392

Home Insurance

2%

$65

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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