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6320 N 42nd St, McAllen, TX 78504

3 beds • 2 baths • 1646 sqft

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This property looks like a bad Airbnb investment with a projected -17.53% first-year return on $72,033 initial cash invested.

-17.53%

Cash On Cash

1.49%

Cap Rate

0.24

DSCR

$1,661

Rent

-$1,052

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,033

Downpayment

20%

$51,460

Closing costs

1%

$2,573

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,661

Total Expenses

$2,713

Mortgage P&I

79%

$1,305

Property Taxes

31%

$511

Home Insurance

6%

$101

HOA

0%

$0

Property Management

15%

$249

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$415

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