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1505 Rocky Cove Cir, Plano, TX 75023

3 beds • 2 baths • 1930 sqft

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This property looks like a bad Airbnb investment with a projected -10.58% first-year return on $104k initial cash invested.

-10.58%

Cash On Cash

3.83%

Cap Rate

0.63

DSCR

$3,486

Rent

-$917

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,486 income − $4,403 expenses = $917 out of pocket

Income$3,486Out of Pocket$917Mortgage P&I$2,08660%Property Taxes$50114%Insurance$1434%Management$52315%CapEx$1394%Maintenance$1394%Other$87225%

Investment Breakdown

|

Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,880

Closing costs

1%

$4,094

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,486

Total Expenses

$4,403

Mortgage P&I

60%

$2,086

Property Taxes

14%

$501

Home Insurance

4%

$143

HOA

0%

$0

Property Management

15%

$523

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$872

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