REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2912 Northwestern Ave, McAllen, TX 78504

3 beds • 2 baths • 1602 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.9% first-year return on $70,395 initial cash invested.

-21.9%

Cash On Cash

0.24%

Cap Rate

0.04

DSCR

$899

Rent

-$1,285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$899 income − $2,184 expenses = $1,285 out of pocket

Income$899Out of Pocket$1,285Mortgage P&I$1,299144%Property Taxes$36641%Insurance$8710%Management$13515%CapEx$364%Maintenance$364%Other$22525%

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

$899

Total Expenses

$2,184

Mortgage P&I

144%

$1,299

Property Taxes

41%

$366

Home Insurance

10%

$87

HOA

0%

$0

Property Management

15%

$135

CapEx

4%

$36

Vacancy

0%

$0

Maintenance

4%

$36

Other

25%

$225

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis