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1813 N Redbird Ln, Harlingen, TX 78550

3 beds • 2 baths • 1769 sqft

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This property looks like a bad Airbnb investment with a projected -13.91% first-year return on $70,479 initial cash invested.

-13.91%

Cash On Cash

2.35%

Cap Rate

0.39

DSCR

$1,174

Rent

-$817

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,174 income − $1,991 expenses = $817 out of pocket

Income$1,174Out of Pocket$817Mortgage P&I$1,259107%Property Taxes$807%Insurance$887%Management$17615%CapEx$474%Maintenance$474%Other$29425%

Investment Breakdown

|

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

$1,174

Total Expenses

$1,991

Mortgage P&I

107%

$1,259

Property Taxes

7%

$80

Home Insurance

8%

$88

HOA

0%

$0

Property Management

15%

$176

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$294

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