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621 Avocet Ave, McAllen, TX 78504

4 beds • 3 baths • 3042 sqft

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This property looks like a bad Airbnb investment with a projected -11.62% first-year return on $130k initial cash invested.

-11.62%

Cash On Cash

3.28%

Cap Rate

0.56

DSCR

$4,273

Rent

-$1,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$503k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$101k

Closing costs

1%

$5,030

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$4,273

Total Expenses

$5,528

Mortgage P&I

58%

$2,460

Property Taxes

19%

$833

Home Insurance

4%

$184

HOA

0%

$0

Property Management

15%

$641

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,068

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