REI Lense

REI Lense

Unlock all features! Tap here to upgrade

203 Grassy Creek Dr, Wylie, TX 75098

3 beds • 2 baths • 1539 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.04% first-year return on $93,600 initial cash invested.

-18.04%

Cash On Cash

1.61%

Cap Rate

0.27

DSCR

$2,124

Rent

-$1,407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,124 income − $3,531 expenses = $1,407 out of pocket

Income$2,124Out of Pocket$1,407Mortgage P&I$1,80685%Property Taxes$52925%Insurance$1266%HOA$502%Management$31915%CapEx$854%Maintenance$854%Other$53125%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,124

Total Expenses

$3,531

Mortgage P&I

85%

$1,806

Property Taxes

25%

$529

Home Insurance

6%

$126

HOA

2%

$50

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$531

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis