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$3,376 (target)

1173 Fairway Ln, Harlingen, TX 78552

3 beds • 2 baths • 1892 sqft

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This property looks like a bad Mid-Term investment with a projected -0.33% first-year return on $80,895 initial cash invested.

-0.33%

Cash On Cash

6.86%

Cap Rate

1.07

DSCR

$3,376

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,376 income − $3,398 expenses = $22 out of pocket

Income$3,376Out of Pocket$22Mortgage P&I$1,59947%Property Taxes$40712%Insurance$1053%HOA$1404%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,376

Total Expenses

$3,398

Mortgage P&I

47%

$1,599

Property Taxes

12%

$407

Home Insurance

3%

$105

HOA

4%

$140

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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