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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 -8.84% first-year return on $66,783 initial cash invested.

-8.84%

Cash On Cash

4.07%

Cap Rate

0.66

DSCR

$2,248

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,248 income − $2,740 expenses = $492 out of pocket

Income$2,248Out of Pocket$492Mortgage P&I$1,19053%Property Taxes$38817%Insurance$834%Management$33715%CapEx$904%Maintenance$904%Other$56225%

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

$2,248

Total Expenses

$2,740

Mortgage P&I

53%

$1,190

Property Taxes

17%

$388

Home Insurance

4%

$83

HOA

0%

$0

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

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