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$2,186 (target)

2804 Gumwood Ave, McAllen, TX 78501

3 beds • 2 baths • 1218 sqft

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This property might be a fair Mid-Term investment with a projected 4.6% first-year return on $56,850 initial cash invested.

4.6%

Cash On Cash

8.28%

Cap Rate

1.31

DSCR

$2,186

Rent

$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,186 income − $1,968 expenses = $218 cash flow

Income$2,186Mortgage P&I$97244%Property Taxes$1899%Insurance$653%Management$26212%CapEx$874%Vacancy$663%Maintenance$874%Other$24011%Cash Flow$218

Investment Breakdown

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Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,850

Downpayment

20%

$37,000

Closing costs

1%

$1,850

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,186

Total Expenses

$1,968

Mortgage P&I

44%

$972

Property Taxes

9%

$189

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$66

Maintenance

4%

$87

Other

11%

$240

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