REI Lense

REI Lense

Unlock all features! Tap here to upgrade

14050 Red Oak Cir N, McKinney, TX 75071

3 beds • 3 baths • 2227 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.72% first-year return on $143k initial cash invested.

-19.72%

Cash On Cash

1.61%

Cap Rate

0.26

DSCR

$3,350

Rent

-$2,347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,350 income − $5,697 expenses = $2,347 out of pocket

Income$3,350Out of Pocket$2,347Mortgage P&I$3,00890%Property Taxes$87626%Insurance$2056%Management$50215%CapEx$1344%Maintenance$1344%Other$83825%

Investment Breakdown

|

Purchase Price

$594k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,943

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,350

Total Expenses

$5,697

Mortgage P&I

90%

$3,008

Property Taxes

26%

$876

Home Insurance

6%

$205

HOA

0%

$0

Property Management

15%

$502

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$838

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis