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509 Pacific Ave, Edinburg, TX 78539

3 beds • 2 baths • 1535 sqft

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This property looks like a bad Long-Term investment with a projected -9.71% first-year return on $50,291 initial cash invested.

-9.71%

Cash On Cash

4.46%

Cap Rate

0.73

DSCR

$1,660

Rent

-$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,291

Downpayment

20%

$47,896

Closing costs

1%

$2,395

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,660

Total Expenses

$2,067

Mortgage P&I

73%

$1,214

Property Taxes

20%

$337

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2201 Pin Oak Rd, Edinburg, TX 78539

$1,800

3

2

1500

0.4 mi

3216 Ginger Ave, Edinburg, TX 78539

$1,500

3

2

1575

0.6 mi

708 S Excalibur St, Edinburg, TX 78539

$1,850

3

2

1566

0.7 mi

3317 Midlands Cir, Edinburg, TX 78539

$1,750

3

2

1588

0.8 mi

104 W Rancho Del Cerro

$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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