REI Lense

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$1,293 (target)

1813 W La Salle Ave, Harlingen, TX 78552

3 beds • 2 baths • 945 sqft

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This property looks like a bad Mid-Term investment with a projected -2.68% first-year return on $50,529 initial cash invested.

-2.68%

Cash On Cash

5.77%

Cap Rate

0.92

DSCR

$1,293

Rent

-$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,293 income − $1,406 expenses = $113 out of pocket

Income$1,293Out of Pocket$113Mortgage P&I$80662%Property Taxes$1068%Insurance$544%Management$15512%CapEx$524%Vacancy$393%Maintenance$524%Other$14211%

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,529

Downpayment

20%

$30,980

Closing costs

1%

$1,549

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,293

Total Expenses

$1,406

Mortgage P&I

62%

$806

Property Taxes

8%

$106

Home Insurance

4%

$54

HOA

0%

$0

Property Management

12%

$155

CapEx

4%

$52

Vacancy

3%

$39

Maintenance

4%

$52

Other

11%

$142

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