REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2304 Tralee Cir, McKinney, TX 75072

3 beds • 2 baths • 2100 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.6% first-year return on $115k initial cash invested.

-21.6%

Cash On Cash

1.02%

Cap Rate

0.17

DSCR

$2,364

Rent

-$2,074

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,364 income − $4,438 expenses = $2,074 out of pocket

Income$2,364Out of Pocket$2,074Mortgage P&I$2,374100%Property Taxes$67829%Insurance$1627%HOA$884%Management$35515%CapEx$954%Maintenance$954%Other$59125%

Investment Breakdown

|

Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,600

Closing costs

1%

$4,630

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,364

Total Expenses

$4,438

Mortgage P&I

100%

$2,374

Property Taxes

29%

$678

Home Insurance

7%

$162

HOA

4%

$88

Property Management

15%

$355

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$591

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis