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1629 Lercara Ln, McKinney, TX 75071

4 beds • 2 baths • 1667 sqft

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This property looks like a bad Airbnb investment with a projected -8.97% first-year return on $106k initial cash invested.

-8.97%

Cash On Cash

3.85%

Cap Rate

0.66

DSCR

$3,394

Rent

-$790

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,394

Total Expenses

$4,184

Mortgage P&I

56%

$1,902

Property Taxes

13%

$457

Home Insurance

4%

$136

HOA

2%

$60

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$848

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