2007 Angus Street Mission, TX 78572
Well-maintained fourplex in Mission, TX, fully leased.
Property Features for 2007 Angus Street
General Information
- Standard status
- Active
- Size
- 4,424 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2000
Listing office TNT Real Estate (956) 877-9101
Listing date Sep 28, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Four fully leased units provide immediate cash flow.
- Each unit features a desirable 3‑bedroom, 2‑bath layout.
- Centrally located with easy access to shopping, dining, and public transportation.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.3k | $16.56 |
| − Vacancy | −$8.5k | −$1.92 |
| EGI | $64.8k | $14.64 |
| − OpEx | −$29.1k | −$6.59 |
| NOI | $35.6k | $8.05 |
