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3589 Rey David Dr, Brownsville, TX 78521

3 beds • 3 baths • 1165 sqft

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This property looks like a bad Long-Term investment with a projected -2.13% first-year return on $47,880 initial cash invested.

-2.13%

Cash On Cash

5.99%

Cap Rate

1

DSCR

$1,740

Rent

-$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$228k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,880

Downpayment

20%

$45,600

Closing costs

1%

$2,280

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,740

Total Expenses

$1,825

Mortgage P&I

65%

$1,136

Property Taxes

9%

$157

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

3780 Rey Fausto Dr, Brownsville, TX 78521

$1,500

3

2

1156

0.2 mi

3411 Live Oak Dr, Brownsville, TX 78521

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3

3

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0.5 mi

692 Rey Jaime St, Brownsville, TX 78521

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3

2

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0.8 mi

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$1,100

3

2

1200

0.7 mi

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$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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