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$2,794 (target)

640 McAdoo Dr, Socorro, TX 79927

3 beds • 2 baths • 2500 sqft

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This property might be a fair Mid-Term investment with a projected 2.94% first-year return on $71,382 initial cash invested.

2.94%

Cash On Cash

8.01%

Cap Rate

1.2

DSCR

$2,794

Rent

$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,794 income − $2,619 expenses = $175 cash flow

Income$2,794Mortgage P&I$1,40950%Property Taxes$1696%Insurance$913%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%Cash Flow$175

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,382

Downpayment

20%

$50,840

Closing costs

1%

$2,542

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,794

Total Expenses

$2,619

Mortgage P&I

50%

$1,409

Property Taxes

6%

$169

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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