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213 Westpark Dr S, McKinney, TX 75071

3 beds • 4 baths • 2698 sqft

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This property looks like a bad Airbnb investment with a projected -15.93% first-year return on $127k initial cash invested.

-15.93%

Cash On Cash

2.35%

Cap Rate

0.39

DSCR

$3,227

Rent

-$1,686

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,227 income − $4,913 expenses = $1,686 out of pocket

Income$3,227Out of Pocket$1,686Mortgage P&I$2,57280%Property Taxes$61019%Insurance$1826%Management$48415%CapEx$1294%Maintenance$1294%Other$80725%

Investment Breakdown

|

Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,189

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,227

Total Expenses

$4,913

Mortgage P&I

80%

$2,572

Property Taxes

19%

$610

Home Insurance

6%

$182

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$807

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