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14050 Red Oak Cir N, McKinney, TX 75071

3 beds • 3 baths • 2227 sqft

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This property looks like a bad Airbnb investment with a projected -15.85% first-year return on $143k initial cash invested.

-15.85%

Cash On Cash

2.61%

Cap Rate

0.43

DSCR

$4,235

Rent

-$1,886

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,235 income − $6,121 expenses = $1,886 out of pocket

Income$4,235Out of Pocket$1,886Mortgage P&I$3,00871%Property Taxes$87621%Insurance$2055%Management$63515%CapEx$1694%Maintenance$1694%Other$1,05925%

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

$4,235

Total Expenses

$6,121

Mortgage P&I

71%

$3,008

Property Taxes

21%

$876

Home Insurance

5%

$205

HOA

0%

$0

Property Management

15%

$635

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,059

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