REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,559 (target)

2414 N 28th Ln, McAllen, TX 78501

3 beds • 2 baths • 1514 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.64% first-year return on $41,097 initial cash invested.

-9.64%

Cash On Cash

5.1%

Cap Rate

0.77

DSCR

$1,559

Rent

-$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,559 income − $1,889 expenses = $330 out of pocket

Income$1,559Out of Pocket$330Mortgage P&I$1,08470%Property Taxes$35923%Insurance$403%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,097

Downpayment

20%

$39,140

Closing costs

1%

$1,957

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,559

Total Expenses

$1,889

Mortgage P&I

70%

$1,084

Property Taxes

23%

$359

Home Insurance

3%

$40

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis