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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 -14.98% first-year return on $127k initial cash invested.

-14.98%

Cash On Cash

2.6%

Cap Rate

0.44

DSCR

$3,421

Rent

-$1,585

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,421 income − $5,006 expenses = $1,585 out of pocket

Income$3,421Out of Pocket$1,585Mortgage P&I$2,57275%Property Taxes$61018%Insurance$1825%Management$51315%CapEx$1374%Maintenance$1374%Other$85525%

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

$3,421

Total Expenses

$5,006

Mortgage P&I

75%

$2,572

Property Taxes

18%

$610

Home Insurance

5%

$182

HOA

0%

$0

Property Management

15%

$513

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$855

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