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$2,874 (target)

409 S Peking St, McAllen, TX 78501

3 beds • 2 baths • 2150 sqft

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This property could be a profitable Mid-Term investment with a projected 13.95% first-year return on $53,490 initial cash invested.

13.95%

Cash On Cash

11.48%

Cap Rate

1.84

DSCR

$2,874

Rent

$622

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,874 income − $2,252 expenses = $622 cash flow

Income$2,874Mortgage P&I$88031%Property Taxes$33612%Insurance$592%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$622

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,874

Total Expenses

$2,252

Mortgage P&I

31%

$880

Property Taxes

12%

$336

Home Insurance

2%

$59

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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