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$2,692 (target)

1120 Villas Del Norte, Weslaco, TX 78599

3 beds • 3 baths • 2365 sqft

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This property looks like a bad Mid-Term investment with a projected -9.99% first-year return on $95,154 initial cash invested.

-9.99%

Cash On Cash

3.96%

Cap Rate

0.64

DSCR

$2,692

Rent

-$792

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $3,484 expenses = $792 out of pocket

Income$2,692Out of Pocket$792Mortgage P&I$1,89770%Property Taxes$53820%Insurance$1335%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,154

Downpayment

20%

$73,480

Closing costs

1%

$3,674

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,692

Total Expenses

$3,484

Mortgage P&I

70%

$1,897

Property Taxes

20%

$538

Home Insurance

5%

$133

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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