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$3,528 (target)

8034 N 51st St, McAllen, TX 78504

3 beds • 3 baths • 1676 sqft

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This property might be a fair Mid-Term investment with a projected 3.39% first-year return on $86,460 initial cash invested.

3.39%

Cash On Cash

7.51%

Cap Rate

1.23

DSCR

$3,528

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,528 income − $3,284 expenses = $244 cash flow

Income$3,528Mortgage P&I$1,65447%Property Taxes$2848%Insurance$1143%HOA$331%Management$42312%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%Cash Flow$244

Investment Breakdown

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Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,460

Downpayment

20%

$65,200

Closing costs

1%

$3,260

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,528

Total Expenses

$3,284

Mortgage P&I

47%

$1,654

Property Taxes

8%

$284

Home Insurance

3%

$114

HOA

1%

$33

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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