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21079 Business Highway 77, Harlingen, TX 78552

3 beds • 2 baths • 1185 sqft

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This property could be a profitable Mid-Term investment with a projected 11.59% first-year return on $55,485 initial cash invested.

11.59%

Cash On Cash

10.33%

Cap Rate

1.7

DSCR

$2,406

Rent

$536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,485

Downpayment

20%

$35,700

Closing costs

1%

$1,785

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,406

Total Expenses

$1,870

Mortgage P&I

38%

$904

Property Taxes

4%

$88

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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