REI Lense

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$2,336 (target)

1813 N Redbird Ln, Harlingen, TX 78550

3 beds • 2 baths • 1769 sqft

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This property might be a fair Mid-Term investment with a projected 1.98% first-year return on $70,479 initial cash invested.

1.98%

Cash On Cash

7.05%

Cap Rate

1.17

DSCR

$2,336

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,220 expenses = $116 cash flow

Income$2,336Mortgage P&I$1,25954%Property Taxes$803%Insurance$884%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$116

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,220

Mortgage P&I

54%

$1,259

Property Taxes

3%

$80

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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