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7017 N 15th St, McAllen, TX 78504

3 beds • 2 baths • 1719 sqft

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This property looks like a bad Airbnb investment with a projected -9.06% first-year return on $66,783 initial cash invested.

-9.06%

Cash On Cash

4%

Cap Rate

0.65

DSCR

$2,225

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,225 income − $2,729 expenses = $504 out of pocket

Income$2,225Out of Pocket$504Mortgage P&I$1,19053%Property Taxes$38817%Insurance$834%Management$33415%CapEx$894%Maintenance$894%Other$55625%

Investment Breakdown

|

Purchase Price

$232k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,783

Downpayment

20%

$46,460

Closing costs

1%

$2,323

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,225

Total Expenses

$2,729

Mortgage P&I

53%

$1,190

Property Taxes

17%

$388

Home Insurance

4%

$83

HOA

0%

$0

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$556

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