REI Lense

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$3,231 (target)

3600 N 42nd St, McAllen, TX 78504

3 beds • 3 baths • 2040 sqft

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This property looks like a bad Mid-Term investment with a projected -3.25% first-year return on $81,567 initial cash invested.

-3.25%

Cash On Cash

5.85%

Cap Rate

0.94

DSCR

$3,231

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,231 income − $3,452 expenses = $221 out of pocket

Income$3,231Out of Pocket$221Mortgage P&I$1,56849%Property Taxes$60419%Insurance$1424%HOA$401%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,567

Downpayment

20%

$60,540

Closing costs

1%

$3,027

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,231

Total Expenses

$3,452

Mortgage P&I

49%

$1,568

Property Taxes

19%

$604

Home Insurance

4%

$142

HOA

1%

$40

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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