REI Lense

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$1,658 (target)

1625 Robin Ave, McAllen, TX 78504

3 beds • 2 baths • 1661 sqft

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This property looks like a bad Long-Term investment with a projected -13.41% first-year return on $54,054 initial cash invested.

-13.41%

Cash On Cash

3.46%

Cap Rate

0.59

DSCR

$1,658

Rent

-$604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,658 income − $2,262 expenses = $604 out of pocket

Income$1,658Out of Pocket$604Mortgage P&I$1,26476%Property Taxes$47729%Insurance$905%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,054

Downpayment

20%

$51,480

Closing costs

1%

$2,574

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,658

Total Expenses

$2,262

Mortgage P&I

76%

$1,264

Property Taxes

29%

$477

Home Insurance

5%

$90

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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