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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 Long-Term investment with a projected -13.84% first-year return on $54,033 initial cash invested.

-13.84%

Cash On Cash

3.59%

Cap Rate

0.59

DSCR

$1,750

Rent

-$623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,033

Downpayment

20%

$51,460

Closing costs

1%

$2,573

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$2,373

Mortgage P&I

75%

$1,305

Property Taxes

29%

$511

Home Insurance

6%

$101

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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