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3821 Thunderbird Ave, McAllen, TX 78504

3 beds • 2 baths • 1470 sqft

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This property looks like a bad Airbnb investment with a projected -9.98% first-year return on $71,550 initial cash invested.

-9.98%

Cash On Cash

3.44%

Cap Rate

0.59

DSCR

$1,952

Rent

-$595

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,952

Total Expenses

$2,547

Mortgage P&I

64%

$1,247

Property Taxes

14%

$274

Home Insurance

5%

$89

HOA

0%

$0

Property Management

15%

$293

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$488

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5

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0.6 mi

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2

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$2,850

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