REI Lense

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$1,670 (target)

2912 Northwestern Ave, McAllen, TX 78504

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Long-Term investment with a projected -11.84% first-year return on $52,395 initial cash invested.

-11.84%

Cash On Cash

4.17%

Cap Rate

0.67

DSCR

$1,670

Rent

-$517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,670 income − $2,187 expenses = $517 out of pocket

Income$1,670Out of Pocket$517Mortgage P&I$1,29978%Property Taxes$36622%Insurance$875%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,670

Total Expenses

$2,187

Mortgage P&I

78%

$1,299

Property Taxes

22%

$366

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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