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$2,586 (target)

2601 Umar Ave, McAllen, TX 78504

3 beds • 2 baths • 1521 sqft

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This property looks like a bad Mid-Term investment with a projected -1.19% first-year return on $71,865 initial cash invested.

-1.19%

Cash On Cash

6.18%

Cap Rate

1.02

DSCR

$2,586

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,586 income − $2,657 expenses = $71 out of pocket

Income$2,586Out of Pocket$71Mortgage P&I$1,29050%Property Taxes$39915%Insurance$903%Management$31012%CapEx$1034%Vacancy$783%Maintenance$1034%Other$28411%

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,865

Downpayment

20%

$51,300

Closing costs

1%

$2,565

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,586

Total Expenses

$2,657

Mortgage P&I

50%

$1,290

Property Taxes

15%

$399

Home Insurance

3%

$90

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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