REI Lense

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$1,858 (target)

1101 W Jefferson Ave, Harlingen, TX 78550

3 beds • 2 baths • 1092 sqft

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This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $53,699 initial cash invested.

1.54%

Cash On Cash

7.24%

Cap Rate

1.16

DSCR

$1,858

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,858 income − $1,789 expenses = $69 cash flow

Income$1,858Mortgage P&I$88348%Property Taxes$21512%Insurance$603%Management$22312%CapEx$744%Vacancy$563%Maintenance$744%Other$20411%Cash Flow$69

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,699

Downpayment

20%

$33,999

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,858

Total Expenses

$1,789

Mortgage P&I

48%

$883

Property Taxes

12%

$215

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$223

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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