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$2,115 (target)

1433 Garza Rd, Harlingen, TX 78552

3 beds • 2 baths • 1058 sqft

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This property might be a fair Mid-Term investment with a projected 2.87% first-year return on $55,590 initial cash invested.

2.87%

Cash On Cash

7.78%

Cap Rate

1.23

DSCR

$2,115

Rent

$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,115 income − $1,982 expenses = $133 cash flow

Income$2,115Mortgage P&I$94345%Property Taxes$25612%Insurance$633%Management$25412%CapEx$854%Vacancy$633%Maintenance$854%Other$23311%Cash Flow$133

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,115

Total Expenses

$1,982

Mortgage P&I

45%

$943

Property Taxes

12%

$256

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$63

Maintenance

4%

$85

Other

11%

$233

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