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2219 Spruce Cir, McKinney, TX 75071

3 beds • 2 baths • 1917 sqft

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This property looks like a bad Airbnb investment with a projected -10.96% first-year return on $103k initial cash invested.

-10.96%

Cash On Cash

3.53%

Cap Rate

0.6

DSCR

$3,499

Rent

-$939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,780

Closing costs

1%

$4,039

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,499

Total Expenses

$4,438

Mortgage P&I

57%

$1,986

Property Taxes

17%

$594

Home Insurance

4%

$145

HOA

1%

$33

Property Management

15%

$525

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$875

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