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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 Long-Term investment with a projected -13.85% first-year return on $80,850 initial cash invested.

-13.85%

Cash On Cash

3.32%

Cap Rate

0.57

DSCR

$2,290

Rent

-$933

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

$80,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,290

Total Expenses

$3,223

Mortgage P&I

82%

$1,883

Property Taxes

24%

$548

Home Insurance

6%

$135

HOA

3%

$63

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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0.1 mi

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4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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