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$2,376 (target)

2016 Harvey St, McAllen, TX 78501

3 beds • 2 baths • 1544 sqft

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This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $59,769 initial cash invested.

0.16%

Cash On Cash

7.01%

Cap Rate

1.1

DSCR

$2,376

Rent

$8

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,376 income − $2,368 expenses = $8 cash flow

Income$2,376Mortgage P&I$1,05945%Property Taxes$41317%Insurance$894%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%Cash Flow$8

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,769

Downpayment

20%

$39,780

Closing costs

1%

$1,989

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,376

Total Expenses

$2,368

Mortgage P&I

45%

$1,059

Property Taxes

17%

$413

Home Insurance

4%

$89

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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