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1409 Clear Creek Dr, Allen, TX 75002

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Airbnb investment with a projected -10.12% first-year return on $98,850 initial cash invested.

-10.12%

Cash On Cash

3.7%

Cap Rate

0.63

DSCR

$3,452

Rent

-$834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,452

Total Expenses

$4,286

Mortgage P&I

55%

$1,883

Property Taxes

16%

$548

Home Insurance

4%

$135

HOA

2%

$63

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$863

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Grandfather Oak's House

$4,511

$206

3

2

0.7 mi

Cozy Home in Allen. Near Plano, Richardson.

$3,701

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3

2

1.09 mi

Newly Renovated Home in a Serene Neighborhood

$3,657

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3

2

1.18 mi

Cozy, Stylish, Mid Century Modern 3/2 in Allen.

$2,540

$116

3

2

1.36 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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