REI Lense

REI Lense

Unlock all features! Tap here to upgrade

213 Westpark Dr S, McKinney, TX 75071

3 beds • 4 baths • 2698 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.46% first-year return on $127k initial cash invested.

-15.46%

Cash On Cash

2.47%

Cap Rate

0.42

DSCR

$3,322

Rent

-$1,636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,322 income − $4,958 expenses = $1,636 out of pocket

Income$3,322Out of Pocket$1,636Mortgage P&I$2,57277%Property Taxes$61018%Insurance$1825%Management$49815%CapEx$1334%Maintenance$1334%Other$83025%

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

$3,322

Total Expenses

$4,958

Mortgage P&I

77%

$2,572

Property Taxes

18%

$610

Home Insurance

5%

$182

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis