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2912 Northwestern Ave, McAllen, TX 78504

3 beds • 2 baths • 1602 sqft

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This property looks like a bad Airbnb investment with a projected -16.96% first-year return on $70,395 initial cash invested.

-16.96%

Cash On Cash

1.74%

Cap Rate

0.28

DSCR

$1,455

Rent

-$995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,455 income − $2,450 expenses = $995 out of pocket

Income$1,455Out of Pocket$995Mortgage P&I$1,29989%Property Taxes$36625%Insurance$876%Management$21815%CapEx$584%Maintenance$584%Other$36425%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,395

Downpayment

20%

$49,900

Closing costs

1%

$2,495

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,455

Total Expenses

$2,450

Mortgage P&I

89%

$1,299

Property Taxes

25%

$366

Home Insurance

6%

$87

HOA

0%

$0

Property Management

15%

$218

CapEx

4%

$58

Vacancy

0%

$0

Maintenance

4%

$58

Other

25%

$364

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