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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 Long-Term investment with a projected -17.64% first-year return on $106k initial cash invested.

-17.64%

Cash On Cash

2.47%

Cap Rate

0.42

DSCR

$2,600

Rent

-$1,553

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

$106k

Downpayment

20%

$101k

Closing costs

1%

$5,030

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,600

Total Expenses

$4,153

Mortgage P&I

95%

$2,460

Property Taxes

32%

$833

Home Insurance

7%

$184

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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